Tesla to lay off more than 10% of staff globally as sales fall

'There is nothing I hate more': Elon Musk reportedly indicates Tesla is slashing its workforce 'by more than 10% globally'

Elon Musk has reportedly indicated that Tesla will slash more than 10% of its workers."Over the years, we have grown rapidly with multiple factories scaling around the globe. With this rapid growth there has been duplication of roles and job functions in certain areas. As we prepare the company for our next phase of growth, it is extremely important to look at every aspect of the company for cost reductions and increasing productivity," Musk no…

Tesla will lay off more than 10% of its global workforce

CEO Elon Musk detailed the plans in a memo sent to employees on Monday. The news comes after the EV manufacturer reported dismal first-quarter sales numbers.

Elon Musk Cut 10 Percent of Jobs at Tesla. Read His Memo to Employees

Elon Musk announced job cuts at Tesla today (Apr. 15), affecting over 10 percent of the electric vehicle maker’s staff (around 14,000 employees). The company reported over 140,000 employees in 2023. In a company memo, Musk noted over-hiring as one reason for the layoff. “Over the years, we have grown rapidly with multiple factories scaling around the globe. With this rapid growth there has been duplication of roles and job functions in certain a…

Electrek Reports That Tesla Will Cut More Than 10% Of Its Staff

(CTN News) – Electrek reports that, according to an internal memo issued last week by Tesla, more than 10% of the company’s employees will lose their jobs, as reported by the tech publication last week. There were 140,473 people worldwide Tesla employed by the largest automaker in the world by market value by the end […] The post Electrek Reports That Tesla Will Cut More Than 10% Of Its Staff appeared first on CTN News - Chiang Rai Times.

Elon Musk to cut 14,000 jobs from Tesla

The billionaire said decision had been made to ensure company was ‘lean, innovative and hungry for the next growth phase cycle’

Tesla to Lay Off Over 10% of Global Workforce

Shares of Tesla Motors are muted in the early premarket trading hours in New York after a report from the EV blog Electrek cited an "internal company-wide email" detailing layoffs at the EV company amounting to more than 10% of its global workforce.  Electrek alleges that Elon Musk sent an email to staff explaining a "duplication of roles and job functions in certain areas" as the main reason for the layoffs, which could affect as many as 14,000…