July 19 (Reuters) – British exhibitions group Hyve (HYVE.L) said on Tuesday it is selling its Ukrainian unit to a group led by Anatoly Sushon, the Ukrainian business’ managing director, as events in the country continue to be on hold following Russia’s invasion.
Hyve said it would receive up to 3 million pounds ($3.59 million) from the sale, which will be paid annually until September 2027 based on the Ukrainian operations’ profitability.
($1 = 0.8354 pounds)
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Reporting by Muhammed Husain in Bengaluru; editing by Uttaresh.V
Tesla vehicles are parked outside a building at the Zhongnanhai leadership compound during a meeting between Tesla CEO Elon Musk and Chinese Premier Li Keqiang in Beijing, China, January 9, 2019. Mark Schiefelbein/Pool via REUTERS/File Photo
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SHANGHAI, June 10 (Reuters) – Tesla Inc (TSLA.O) has cancelled three online recruitment events for China scheduled this month, the latest development after Chief Executive Elon Musk threatened job cuts at the electric car maker, saying it was “overstaffed” in some areas.
However, Musk had not commented specifically on staffing in China, which made more than half of the vehicles for the automaker globally and contributed a quarter of its revenue in 2021.
The company cancelled the three events for positions in sales, R&D and its supply chain originally scheduled for June 16, 23 and 30, notifications on messaging app WeChat showed late on Thursday, without stating a reason.
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Tesla did not respond to a Reuters request for comment on Friday.
Notification of a June 9 event to recruit staff for “smart manufacturing” roles was not visible and it was not immediately clear it had been held as planned.
The China operation is still allowing resume submission for more than 1,000 openings posted on the social media platform, such as aerodynamics engineers, supply chain managers, store managers, factory supervisors and workers.
Musk had a “super bad feeling” about the economy, he said in an email seen by Reuters last week.
In another email to employees on Friday, Musk said Tesla would reduce salaried headcount by a tenth, as it had become “overstaffed in many areas”, but added that hourly headcount would increase.
Production at Tesla’s Shanghai plant was badly hit after the Chinese commercial hub began a two-month COVID-19 lockdown late in March.
Output is set to fall by more than a third this quarter from the previous one, outpacing Musk’s prediction. read more
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Reporting by Zhang Yan, Brenda Goh; Editing by Clarence Fernandez
SHANGHAI, June 9 (Reuters) – Tesla was proceeding with an online hiring event in China on Thursday and added two dozen new job postings for the country, a week after Elon Musk threatened job cuts at the electric car maker and said the company was “overstaffed” in some areas.
Tesla (TSLA.O) plans to hold the event online starting from 7 p.m. Shanghai time (1100 GMT) and will recruit staff for “smart manufacturing” roles, according to an online post.
Tesla has 224 current openings in China for managers and engineers under that category, according to a separate post on its WeChat account, 24 of which were newly posted on June 9.
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Among the posted positions are managers and engineers to supervise the operation of its 6,000-ton die casting machines known as Giga Press, one of the world’s biggest.
Tesla regularly holds such hiring events online in China, with the latest one held in May for summer interns.
Tesla’s China revenue more than doubled in 2021 from a year ago, contributing to a quarter of the total income for the U.S. automaker.
The Shanghai plant, which manufactures Model 3 and Model Ys for domestic sale and export, produced more than half of the cars it made last year and Tesla is also planning to expand the factory. read more
However, output at the plant was badly hit by Shanghai’s two-month COVID-19 lockdown that saw it halt work for 22 days and later struggle to return to full production. Prior to this, Tesla had planned to ramp up production at the plant to 22,000 cars a week by mid-May.
Musk, the chief executive, said in an email seen by Reuters last week that he had a “super bad feeling” about the economy and needed to cut 10% of staff at the electric car maker. The email was titled “pause all hiring worldwide”. read more
In another email to employees on Friday, Musk said Tesla would reduce salaried headcount by 10%, as it has become “overstaffed in many areas” but added that “hourly headcount will increase”.
However on Saturday he backed away from the emails, saying total headcount would increase over the next 12 months and the number of salaried staff should be little changed. read more
Musk had not commented specifically on staffing in China.
Musk last month compared U.S. workers to those in China, saying American workers tended to try to avoid going to work whereas Chinese workers would not leave the factories.
“They will be burning the 3 a.m. oil,” he said at a conference of Chinese workers.
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Reporting by Zhang Yan and Brenda Goh; Editing by Stephen Coates
People mourn in front of memorial crosses for the victims of the mass shooting that resulted in the death of 19 children, and two teachers in front of Robb Elementary School in Uvalde, Texas, U.S. May 26, 2022. REUTERS/Veronica G. Cardenas
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May 26 (Reuters) – Following is the timeline of the shooting rampage on Tuesday at Robb Elementary School in Uvalde, Texas. Authorities said Salvador Ramos, 18, shot and killed 19 children plus two teachers after shooting his grandmother at the house they shared.
The information comes from statements by law enforcement and other public officials.
May 17 – Ramos legally buys a semiautomatic rifle on his 18th birthday at a sporting goods store in Uvalde.
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May 18 – Ramos buys 375 rounds of ammunition from an unknown vendor.
May 19 – Ramos buys a second rifle at the same sporting goods store.
May 24, some time between, 11 and 11:15 a.m. CDT – Ramos sends a series of three private social media messages.
— I’m going to shoot my grandmother.
— I shot my grandmother. (His grandmother survives the attack with a gunshot wound to the face.)
— I’m going to shoot an elementary school.
11:28 a.m. – Ramos wrecks his truck near the school after fleeing from the house where he shot his grandmother. He jumps out of the passenger side with a rifle and a bag. He sees two witnesses at a funeral home across the street and fires at them. He walks toward Robb Elementary School, climbs a fence into the parking lot and starts shooting at the school.
11:40 a.m. – The shooter walks into the west side of the school, apparently through an unlocked door, and fires multiple rounds.
11:44 a.m. – Officers from multiple law enforcement agencies begin to converge on the school. The gunman shoots at the first officers responding to the scene. The officers move back and take cover, then approach the suspect again.
Around this time, the shooter enters a classroom and massacres the students and teachers inside. Officers report hearing at least 25 gunshots from the classroom soon after arriving at the scene.
From 11:40 a.m. to about 12:40 p.m. – Officers on the scene call for more help, requesting tactical teams, specialty equipment, body armor, precision snipers and hostage negotiators.
About 12:40 p.m. – U.S. Border Patrol tactical teams arrive, enter the classroom, and kill the suspect.
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Reporting by Daniel Trotta; Editing by Cynthia Osterman
