After reporting dismal first-quarter sales, Tesla is planning to lay off about a tenth of its workforce as it tries to cut costs, multiple media outlets reported Monday. CEO Elon Musk detailed the plans in a memo sent to employees. The layoffs could affect about 14,000 of the 140,473 workers employed by the Austin, Texas, […]
After reporting dismal first-quarter sales, Tesla is planning to lay off about a tenth of its workforce as it tries to cut costs, multiple media outlets reported Monday. CEO Elon Musk detailed the plans in a memo sent to employees. The layoffs could affect about 14,000 of the 140,473 workers
DETROIT >> After reporting dismal first-quarter sales, Tesla is planning to lay off about a tenth of its workforce as it tries to cut costs, multiple media outlets reported today.
After reporting dismal first-quarter sales, Tesla is planning to lay off about a tenth of its workforce as it tries to cut costs, multiple media outlets reported Monday.
DETROIT (AP) — After reporting dismal first-quarter sales, Tesla is planning to lay off about a tenth of its workforce as it tries to cut costs, multiple media outlets reported Monday. CEO Elon Musk detailed the plans in a memo sent to employees. The layoffs could affect about 14,000 of the 140,473 workers employed by […]
Owner Elon Musk said it was a difficult decision to reduce Tesla's global headcount.
Tesla has announced layoffs of “more than 10%” of its global workforce in
Latest wave of redundancies is the the EV-maker’s response to sluggish demand for electric cars in North America
Tesla has joined the litany of companies that have conducted sweeping layoffs in recent times. First reported by Electrek and since corroborated by Reuters the Washington Post and the New York Times, the company is firing "more than 10 percent" of its workforce; the company had more than 140,000 employees as of December 2023. The publication saw an internal memo noting the percentage, though it didn't state the exact number of jobs affected. A source also told Reuters that some staffers have...
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TESLA lays off more than 10% of workforce (Second column, 10th story, link) Related stories:SHARES LOSE THIRD OF VALUE IN YEARMusk in a mess Drudge Report Feed needs your support! Become a Patron