Tesla investor Ross Gerber says he's been dumping the stock because no one wants the company's cars or robots

2024.08.28

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South China Morning Post

IBM lay-offs at China R&D teams send shock waves across local tech community

Chinese employees at US computing giant IBM, once considered a cradle of mainland engineers, have expressed dismay over a terse conference call with the company's American executives on Monday, as the firm known by the nickname Big Blue cuts hundreds of jobs at two local research labs. The morning town hall, organised for affected workers, had been scheduled to go for half an hour. It ended up lasting only three minutes, according to an internal meeting transcript seen by the South China Morning


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