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Published 12 days ago

Tesla to Cut More Than 6,000 Jobs in California, Texas, Notices Show

Summary by Times of San Diego
Tesla’s new Cybertruck is shown on display at a Tesla store in San Diego. REUTERS/Mike Blake Tesla said it will lay off 6,020 employees in California and Texas ahead of its quarterly results on Tuesday when CEO Elon Musk is expected to outline the electric-vehicle maker’s strategy to combat slowing demand and falling margins. Last week, Tesla announced a more than 10% cut in its global workforce under pressure from dropping sales and an intensif…

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