Hirings/Firings/Layoffs

Lucid reportedly laying off 18% of its workforce

That could mean around 1,300 employees

Mazda to appoint former North America head Moro as next CEO

Marumoto will step down in June

GM offers buyouts to salaried workers, cites economic concerns

It's a move designed to thwart future layoffs, GM says

Subaru swaps CEOs in renewed EV push

Subaru's announcement comes not long after a nearly identical move by Toyota

Toyota and Honda agree to biggest wage hikes in decades in Japan

Honda's raises will prioritize younger employees who are more impacted by inflation

How Ford, CATL worked for years to seal deal on a $3.5 billion battery plant

Taiwan trip, 'Trojan horse,' tech 'hypocrisy': Geopolitics cast a shadow over it all

Ford to cut 1 in 9 jobs in Europe in electric revamp

'There is significantly less work to be done on drivetrains moving out of combustion engines'

VinFast cuts jobs in North America, including its U.S. CFO

Streamlining move comes before the company has even delivered a vehicle in the U.S.

Ford CEO says $2 billion profit left ‘on table,’ stock price falls

Expect more cost-cutting and layoffs as the Blue Oval tries to balance EV expansion

Koji Sato, Toyota's incoming CEO, must navigate shift to clean energy

Under Toyoda, the automaker has followed a go-slow approach to EVs

Toyota CEO Akio Toyoda to step aside, become chairman

Lexus chief will take over

Canoo claims former execs joined the company to steal secrets and launch a rival automaker

Canoo alleges they wanted to benefit their own EV startup, Harbinger

Herbert Diess to become chairman of chip maker Infineon

Ex-VW Group boss leaves one key industry position for a bigger one

Tesla stock jumps after poll tells Elon Musk he should step away from Twitter

The shares have plunged 58% since Musk disclosed in early April that he’d taken a stake in Twitter

Stellantis idles Illinois plant, blames high cost of making EVs

Around 1,350 workers will be laid off

Faraday Future appoints Xuefeng Chen as global CEO

The company is uncertain when it can complete first deliveries of its FF 91 EV

Jaguar Land Rover looks to hire hundreds of laid-off tech workers

Twitter, Meta, Amazon workers in London and Dublin may be in luck

Used-car retailer Carvana cuts another 1,500 jobs

Its stock price has fallen 97% in just the past year

Haas F1 cuts Mick Schumacher, replaces him with Nico Hulkenberg

'The subject is anything but closed for me. Setbacks only make you stronger'

Musk ultimatum to remaining Twitter staff: Go 'hardcore' or leave

They have a Thursday night deadline to agree by clicking a link — or get severance