Waved Away: Tesla to cut 10 percent of jobs based on Musk’s ‘super bad feeling’

Toronto, Ontario — About 10,000 people are expected to lose their jobs because their billionaire CEO has a “super bad feeling” about the economy. You could probably guess who we’re talking about already. In an email to Tesla executives obtained by Reuters, Elon Musk said he wants to “pause all hiring worldwide” and layoff 10 […]

Idled Ingersoll: GM factory cutting production due to chip shortage 

Ingersoll, Ontario — General Motors became the latest victim to get hit by the global shortage of semiconductor chips as the U.S. automaker said Wednesday; it will take down production next week at four assembly plants–with Ingersoll being the first.  GM stated it will cut production entirely next week at plants in Ingersoll, Ontario; Fairfax, […]