As Tesla ramps up production in new facilities, some investors worry that reaching the company’s ambitious delivery targets will require more price cuts.
Amazon management has not gone far enough to reduce its bloated workforce and cut costs across the organization.
Platinum prices are forecast to skyrocket in 2023 thanks to power cuts in South Africa, war in Ukraine and increased demand for hybrid cars.
The firm, part of the big three rating services, said it was making the move in light of key bank failures.
Many of Atlassian’s rivals have cut their head count in recent months as rates have moved higher to deal with higher prices. But unemployment remains low.
Meta announced a dramatic price drop for its higher-end virtual reality headset, the Quest Pro, and for its Quest 2 headset, rolling out over the coming days.
Polestar’s relatively positive results come after other EV startups like Lucid, Nikola and Rivian reported ongoing problems with supply chains and production.
GM follows other major companies, including competitors, in downsizing headcounts to preserve cash and boost profits.