Tesla has shelved plans to allow some workers to return to its Fremont, California manufacturing plant earlier than county officials have deemed it safe. In messages sent by the company Monday, a human resources employee said “we will will not be returning to work Wednesday, April 29. Please disregard all communication and directives on returning to work this week,” according to CNBC. ...
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Sumo Logic Cuts Staff After Francisco Partners Takeover
Data analytics software company Sumo Logic made widespread layoffs this week, according to people familiar with the matter and an email to staff viewed by The Information, less than a month after private equity firm Francisco Partners bought the company for $1.7 billion. The exact size of the cuts couldn’t be learned. Chief Executive Joe Kim, who was named CEO three days after the...
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