Musk Defends Ending Cybertruck Output and Refunding Deposits
Elon Musk says Tesla will stop building the Cybertruck in about eight months and return many deposits. He argues the factory space is worth more making Cybercab robotaxis.
Management
Dutch Bros Puts Its CEO and Executives Behind the Counter
Dutch Bros leaders, including CEO Christine Barone, complete a two-week bootcamp of hands-on shop shifts and a final test to stay close to frontline work.
Disney Staff Press Leaders on Layoffs at Town Hall
Disney tech employees asked leadership when more cuts will come after reports of planned layoffs. Staffers say morale is low and answers were vague.
Ryanair Weighs Pay Freezes and Leaner Crews as Fuel Costs Rise
Ryanair says it may freeze pay, cut crew ratios and lean on AI to offset a jet fuel bill that it expects to rise by about €2bn, setting up a possible clash with unions.
Poundland Owner Files Administration Notice, 12,000 Jobs at Risk
Gordon Brothers has filed a notice of intention to appoint administrators to Poundland after rejecting a management-backed bid. The union Usdaw urges it to reconsider.
UK's Biggest Firms Cut Over 130,000 Jobs in Two Years
A City AM tally of layoffs and planned cuts at major British companies since July 2024 reaches at least 137,000 roles, with retail and hospitality hit hardest.