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Another mega-deal just shook up healthcare and the 2 companies used...

YouTube / Office Space Centene, the health insurer, said Wednesday that it planned to buy smaller rival WellCare in a deal valued at $17.3 billion. In the release announcing the deal, the two companies mentioned about $500 million in expected "synergies," a term that may cause unease among employees. Watch Centene and WellCare trade in real-time.…

Tesla has reportedly laid off around 8% of its employees since...

Tesla CEO Elon Musk. Aaron P. Bernstein/Reuters Tesla laid off around 8% of its employees in the last week, CNBC reports, citing current and former Tesla employees.The employees estimated the size of the layoffs based on internal Tesla data, according to CNBC.Tesla declined Business Insider's request for comment.Tesla said on February 28 that it would…

SunTrust and BB&T used a word that should terrify their employees...

YouTube / Office Space SunTrust Banks and BB&T announced on Thursday morning that they were joining forces in a $66 billion deal. In the statement announcing the transaction, the companies said the deal would produce about $1.6 billion in "synergies." Synergies are what you get when you eliminate redundancies to cut costs, and they most…

Tesla is laying off 7% of its employees

Tesla is laying off 7% of its employees, according to an email Elon Musk sent to workers.The move comes as Tesla seeks to prove it can become consistently profitable. Tesla is laying off 7% of its employees, according to an email Elon Musk sent to workers, which was published on the company's website. The job…

ABC admits it underpaid 2,500 casual employees

Updated January 10, 2019 14:59:56 The ABC has apologised after admitting it has been underpaying about 2,500 "flat-rate" casual staff over the past six years. Key points:A detailed review is underway to confirm how penalties, allowances and loadings should have been calculatedThe ABC is notifying all affected employeesThe CPSU and MEAA unions are both involved…

‘I get yelled at at least once a day’: IKEA restructured...

Over the past year or so, an IKEA employee started to notice something wrong with the store's "wall of fame." The wall featured portraits of IKEA employees, all hung in rows based on how many years they'd worked at the company. The smiling photographs captured people who had been with the store for five years,…

Former Tesla employees sue the company alleging discrimination, harassment, and a...

Tesla acquired the solar sales and installation company SolarCity in November 2016. Ed Andrieski / Associated Press Three former Tesla energy salespeople claim they were subject to harassment, discrimination, and inadequate pay in a lawsuit against the company filed on July 25 in San Diego County Superior Court. The plaintiffs also claim some of their…
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