China sales
Hershey Cuts 300 Jobs Due To Faltering China Sales
| Althea Serad | | Jun 21, 2015 08:26 AM EDT |
The Hershey Co. (HSY) said it will cut down 300 jobs out of the 13,000 of its total workforce. The decision came amid a cost-cutting program as the company’s sales in China has been on a slowdown especially in April and May.
Tesla CEO Warns Of Firings After Dreary China Sales
| Dino Lirios | | Feb 10, 2015 11:50 PM EST |
Elon Musk, Tesla Motors Inc. Chief Executive Officer is said to be ready to let go off overseas executives due to underwhelming sales of the company's luxury electric cars in China.
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