Tesla's global job cuts are hitting China, the automaker's biggest market after the United States, affecting staff in teams including sales, two sources briefed on the matter said. CEO Elon Musk on Monday told staff in an internal memo seen by Reuters that the company is laying off more than 10% of its global workforce, as it grapples with falling sales and an intensifying price war for electric vehicles. The two sources said some staff in Tesla's China sales team were being notified, with one...
Tesla's global job cuts are hitting China, the automaker's biggest market after the United States, affecting staff in teams including sales, two sources briefed on the matter said. CEO Elon Musk on Monday told staff in an internal memo seen by Reuters that the company is laying off more than 10% of its global workforce, as it grapples with falling sales and an intensifying price war for electric vehicles. The two sources said some staff in Tesla's China sales team were being notified, with one...
MACON, Georgia (41NBC/WMGT) – Afternoon and overnight temperatures will climb throughout the rest of the week. This Evening Skies will stay clear around Middle Georgia this evening and overnight. Temperatures will bottom out in the upper 40s and lower 50s ahead of Wednesday morning. Winds will continue out of the southwest at around 5 mph. Tomorrow Skies will be largely
Tesla dropped the prices of its vehicles globally on Friday as the largest electric vehicle manufacturer faces declining sales. The prices of the Model X, Model Y and Model S — three of its four best-selling vehicles — were each reduced by $2,000, days after the company recorded below-anticipated delivery figures for the first quarter
Ogun State governor, Prince Dapo Abiodun, weekend commenced the sale of rice to civil servants in the state as parts of his commitment to the welfare of the workforce.
Tesla will lay off more than 10 per cent of its global workforce, an internal memo seen by Reuters shows, as it grapples with falling sales amid an intensifying price war for electric vehicles. The world’s largest auto maker by market value had 140,473 employees globally as of December 2023, its latest annual report shows. […]
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"About every five years, we need to reorganize and streamline the company for the next phase of growth," CEO Elon Musk commented in a post on X
NEW YORK -- Tesla CEO Elon Musk told employees on Monday that the electric
Tesla, Austin's largest private employer, is reportedly laying off a tenth of its workforce potentially dealing a blow to Austin's economy after early figures i
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