Stripe has started giving employees harsher performance reviews, Forbes reported on Thursday. The effort reportedly began this summer, when senior leaders at the payments software giant started asking managers to be more stringent in evaluating their team members, saying they wanted to more closely follow Stripe’s informal goal to give 10% to 15% of workers a low performance rating, according to...
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The Electric: Western Auto and Battery Makers’ Big Gamble on Indonesian Nickel
For much of the last century, metals companies have made stainless steel from nickel mined in Russia or the Philippines and smelted at temperatures up to 2,900 degrees. But demand for nickel is outstripping supplies because the metal is a key component in most electric vehicle batteries. So metals producers have turned to a new supplier—Indonesia, which possesses vast reserves of a previously...
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