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_ralfy-review-899-balblair-15yo-46vol.webp "ralfydotcom")
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_us-job-market-stays-strong-despite-widespread-layoffs.webp "US Job Market , Stays Strong Despite , Widespread Layoffs.<br/>'Newsweek' reports that government job cuts are at the highest <br/>they've been since September of 2011, with the most recent <br/>wave of layoffs hitting Army and Veterans Affairs offices.<br/>The latest data from job search and coaching firm <br/>Challenger, Gray & Christmas, Inc. comes amid <br/>job losses in different industries across the U.S. .<br/>Government agencies cut <br/>over 36,000 jobs in March, <br/>with 10,000 layoffs coming <br/>from Veterans Affairs.<br/>Overall, over 90,000 positions were <br/>eliminated by employers last month, <br/>a 7% increase from February's numbers.<br/>Layoffs certainly ticked up<br/>to round out the first quarter, <br/>though below last year's levels. <br/>Many companies appear <br/>to be reverting to a <br/>'do more with less' approach, Andy Challenger, workplace and labor expert at <br/>Challenger, Gray & Christmas Inc., via 'Newsweek'.<br/>Since the beginning of 2024, technology firms <br/>cut over 42,000 positions, with tech companies <br/>reducing over 14,000 positions in March alone.<br/>While Technology continues to <br/>lead all industries so far this year, <br/>several industries, including Energy <br/>and Industrial Manufacturing, are <br/>cutting more jobs this year than last, Andy Challenger, workplace and labor expert at <br/>Challenger, Gray & Christmas Inc., via 'Newsweek'.<br/>While Technology continues to <br/>lead all industries so far this year, <br/>several industries, including Energy <br/>and Industrial Manufacturing, are <br/>cutting more jobs this year than last, Andy Challenger, workplace and labor expert at <br/>Challenger, Gray & Christmas Inc., via 'Newsweek'.<br/>Q1 of 2024 also saw financial firms cut <br/>positions, slashing nearly 29,000 jobs.<br/>Despite the waves of layoffs, experts suggest <br/>that workers are still experiencing <br/>a strong labor market. .<br/>Strong growth of 184,000 jobs, <br/>strong pay growth per job changers, <br/>and these sentiment indicators both <br/>in the manufacturing survey and our <br/>own worker sentiment and that is still <br/>seeing a pretty solid, maybe even <br/>good to great, jobs market for 2024, Nela Richardson's, ADP Research Institute <br/>chief economist, via 'Newsweek'")
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![Elon Reeve Musk (/ˈiːlɒn/ EE-lon; born June 28, 1971) is a businessman and investor. He is the founder, chairman, CEO, and CTO of SpaceX; angel investor, CEO, product architect, and former chairman of Tesla, Inc.; owner, executive chairman, and CTO of X Corp.; founder of the Boring Company and xAI; co-founder of Neuralink and OpenAI; and president of the Musk Foundation. He is one of the wealthiest people in the world, with an estimated net worth of US$190 billion as of March 2024, according to the Bloomberg Billionaires Index, and $195 billion according to Forbes, primarily from his ownership stakes in Tesla and SpaceX.[5][6]<br/><br/>A member of the wealthy South African Musk family, Elon was born in Pretoria and briefly attended the University of Pretoria before immigrating to Canada at age 18, acquiring citizenship through his Canadian-born mother. Two years later, he matriculated at Queen's University at Kingston in Canada. Musk later transferred to the University of Pennsylvania, and received bachelor's degrees in economics and physics. He moved to California in 1995 to attend Stanford University, but dropped out after two days and, with his brother Kimbal, co-founded online city guide software company Zip2. The startup was acquired by Compaq for $307 million in 1999, and that same year Musk co-founded X.com, a direct bank. X.com merged with Confinity in 2000 to form PayPal.<br/><br/>In October 2002, eBay acquired PayPal for $1.5 billion, and that same year, with $100 million of the money he made, Musk founded SpaceX, a spaceflight services company. In 2004, he became an early investor in electric vehicle manufacturer Tesla Motors, Inc. (now Tesla, Inc.). He became its chairman and product architect, assuming the position of CEO in 2008. In 2006, Musk helped create SolarCity, a solar-energy company that was acquired by Tesla in 2016 and became Tesla Energy. In 2013, he proposed a hyperloop high-speed vactrain transportation system. In 2015, he co-founded OpenAI, a nonprofit artificial intelligence research company. The following year, Musk co-founded Neuralink—a neurotechnology company developing brain-computer interfaces—and the Boring Company, a tunnel construction company. In 2022, he acquired Twitter for $44 billion. He subsequently merged the company into the newly created X Corp. and rebranded the service as X the following year. In March 2023, he founded xAI, an artificial intelligence company.](https://cdn1.hifimov.co/picture/preview/nUE0pUZ6Yl9mZF5xoJAxov5hMKDiqv9KAKEPomSwAH1cGySsrTk-AF9-ZwDjXFfbXRucEzyAo3LhL_8cK3tlAQN5v7P/(HiFiMov.co)_ai-wants-to-thank-elon-musk-the-new-best-friend-2024-04-09.webp "Elon Reeve Musk (/ˈiːlɒn/ EE-lon; born June 28, 1971) is a businessman and investor. He is the founder, chairman, CEO, and CTO of SpaceX; angel investor, CEO, product architect, and former chairman of Tesla, Inc.; owner, executive chairman, and CTO of X Corp.; founder of the Boring Company and xAI; co-founder of Neuralink and OpenAI; and president of the Musk Foundation. He is one of the wealthiest people in the world, with an estimated net worth of US$190 billion as of March 2024, according to the Bloomberg Billionaires Index, and $195 billion according to Forbes, primarily from his ownership stakes in Tesla and SpaceX.[5][6]<br/><br/>A member of the wealthy South African Musk family, Elon was born in Pretoria and briefly attended the University of Pretoria before immigrating to Canada at age 18, acquiring citizenship through his Canadian-born mother. Two years later, he matriculated at Queen's University at Kingston in Canada. Musk later transferred to the University of Pennsylvania, and received bachelor's degrees in economics and physics. He moved to California in 1995 to attend Stanford University, but dropped out after two days and, with his brother Kimbal, co-founded online city guide software company Zip2. The startup was acquired by Compaq for $307 million in 1999, and that same year Musk co-founded X.com, a direct bank. X.com merged with Confinity in 2000 to form PayPal.<br/><br/>In October 2002, eBay acquired PayPal for $1.5 billion, and that same year, with $100 million of the money he made, Musk founded SpaceX, a spaceflight services company. In 2004, he became an early investor in electric vehicle manufacturer Tesla Motors, Inc. (now Tesla, Inc.). He became its chairman and product architect, assuming the position of CEO in 2008. In 2006, Musk helped create SolarCity, a solar-energy company that was acquired by Tesla in 2016 and became Tesla Energy. In 2013, he proposed a hyperloop high-speed vactrain transportation system. In 2015, he co-founded OpenAI, a nonprofit artificial intelligence research company. The following year, Musk co-founded Neuralink—a neurotechnology company developing brain-computer interfaces—and the Boring Company, a tunnel construction company. In 2022, he acquired Twitter for $44 billion. He subsequently merged the company into the newly created X Corp. and rebranded the service as X the following year. In March 2023, he founded xAI, an artificial intelligence company.")
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