-
More Than a Feud: Elon Musk-Bill Gates Spat Sheds Light on Competing Views of Efficiency
Sunday, May 18, 2025 - 2:15pm | 473Bill Gates and Elon Musk, two of the world’s richest individuals, have publicly disagreed over their differing views on philanthropy and efficiency. What Happened: Gates intends to boost his foundation’s charitable contributions to public health and education in the coming two...
-
Google Announces Major Layoffs As Pichai Stresses Efficiency
Saturday, December 21, 2024 - 4:15pm | 400Google (NASDAQ:GOOGL) has reduced its top management roles by 10% as part of a multi-year effort to streamline operations and boost efficiency. What Happened: On Wednesday, CEO Sundar Pichai revealed during an all-hands meeting that the move reflects Google’s broader push to simplify its...
-
Cramer On Layoffs At 3M, Elsewhere: Investors Must Separate 'Stocks From People'
Thursday, December 3, 2020 - 4:19pm | 4333M Company (NYSE: MMM) joins the growing list of large-cap companies laying off thousands of workers — but investors should view this favorably, according to CNBC's Jim Cramer. Tough Action: Companies are making tough decisions to fire workers by the thousands, and it comes at a time...