Browsing Tag

automotive

Mass Firings at Stellantis

400 Stellantis workers received an unexpected pink slip email this week telling them not to report to work the following day. Instead, they were told to attend a mandatory remote meeting, where they were devastated to hear their jobs were…

EVs and CEO Out at Hertz

Hertz CEO Stephen Scherr is stepping down at Hertz Global Holdings as the company stopped betting the farm on electric vehicle (EV) rentals because of increasing repair costs and little demand for the cars. In January, Hertz announced it…