Home / News / Industry (page 6)

Industry

In Q4 2022, Jumia cut 20% of staff to cut losses by half

As part of its streamlining efforts, Jumia cut managerial headcount by 60% in Dubai and over 900 positions across its 11 markets, affecting 20% of its staff. Jumia’s FY2022 financials show this happened in Q4 last year. This follows the Jumia Supervisory Board’s note on senior management shake-ups when it …

Read More »

Tesla doubles supercharger network for all EVs under Biden’s $7.5B charging plan

Even Tesla has agreed to new requirements for companies seeking funding from the Biden Administration’s $7.5 billion EV charging initiative. The Biden Administration announced Wednesday the final standards for its plan to build a national network of 500,000 electric vehicle chargers along highways, including a requirement that all Inflation Reduction …

Read More »

Elon stands up, Akio Toyoda turns over the CEO keys, and Waymo faces layoffs

A weekly newsletter devoted to all things transportation is called The Station. Simply click The Station to sign up and receive the weekend edition of the newsletter in your inbox every week. Subscribe without cost. Welcome back to The Station, your go-to location for all people- and package-moving needs in …

Read More »