By Tom Ozimek Tesla is pressing ahead with its workforce-reduction plans, with a notice the carmaker filed with the Texas Workforce Commission showing it is slashing 2,688 jobs in Austin, the location of its headquarters and site of a major factory. The notice, which was issued under the Worker Adjustment and Retraining Notification (WARN) Act […]
Tag: Economic Recession
In economics, a recession is a business cycle contraction when there is a general decline in economic activity. Recessions generally occur when there is a widespread drop in spending.