Beyond India: An 'Uber' Cost to End the Legal Battle & Elon Musk's Supreme Hold on Tesla's Workforce
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1. No human sets a foot inside Tesla without Elon Musk’s permission. Amid Musk’s tweet battle with SEC, an insider email has revealed that the serial entrepreneur approves all headcount requests from the business himself.
2. Uber is finally ready to settle the long-running battle with drivers, at a huge price though. Ahead of the anticipated IPO, the ride-hailing giant has agreed to pay $20 million to settle a lawsuit.
3. Indians lack the skill sets to be employed, believes IBM chief Ginni Rometty. Resonating the concerns of the global leaders, Rometty advised the employees to look at education beyond obtaining degrees.
4. Volkswagen is slashing jobs to fund electric transition. In a bid to boost productivity, the vehicle manufacturer has given pink slip to over 7000 employees in its new savings drive.
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