Trusted News Discovery Since 2008
{{/content}}
Tesla to cut around 15,000 jobs under Musk drive for 'productivity' - reports
Credit: Sky News- Published 2 weeks ago
Tesla is cutting 10% of its global workforce in a bid to reduce costs and bolster productivity, it has been reported.
Video credit: Wibbitz Top Stories
Published 2 weeks ago - 01:31
Tesla to Lay Off Over 10% of Global Workforce
Tesla to Lay Off , Over 10% of Global Workforce.
In a memo obtained by Electrek, CEO
Elon Musk announced that at least 14,000 roles will be cut, 'The Guardian' reports. .
In a memo obtained by Electrek, CEO
Elon Musk announced that at least 14,000 roles will be cut, 'The Guardian' reports. .
Musk attributed some of the layoffs to
the fact that there had "been duplication
of roles and job functions in certain areas" amid periods of rapid growth.
Musk attributed some of the layoffs to
the fact that there had "been duplication
of roles and job functions in certain areas" amid periods of rapid growth.
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, Elon Musk, via internal memo.
As part of this effort, we have
done a thorough review of the
organization and made the difficult
decision to reduce our headcount
by more than 10% globally, Elon Musk, via internal memo.
There is nothing I hate more, but it
must be done. This will enable us
to be lean, innovative and hungry
for the next growth phase cycle, Elon Musk, via internal memo.
I would like to thank everyone
who is departing Tesla for their
hard work over the years, Elon Musk, via internal memo.
As of December 2023,
Tesla employed 140,473 people. .
Company shares dropped by over 1%
in premarket trading on April 15. .
Meanwhile, it was also reported on April 15 that BP is laying off over a tenth of its Pulse unit which deals with electric vehicle charging.
You are here
💡 newsR Knowledge: Other News Mentions
Tesla, Inc.
American electric vehicle and clean energy company
Tesla's quarterly revenue has dropped for the first time in almost four years, according to financial result filings, demonstrating why the electric carmaker is..
Credit: Sky News - Published 1 week ago
Elon Musk
South Africa–born businessman (born 1971)
Australia's prime minister said Elon Musk is an "arrogant billionaire who thinks he is above the law" over his reluctance to remove footage of last week's Church..
Credit: Sky News - Published 1 week ago