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, company at the end of last year. Musk’s memo said that as Tesla prepares for its next phase of growth, “it is extremely importa...
Tesla plans to lay off more than 10% of its employees, multiple news outlets report, as the electric vehicle maker continues to struggle through asharp sales slump. Tesla had 140,473 employees as of December 2023, which means at least 14,000 could be out of a job by the end of this ...
Tesla CEOElon Muskannounced Friday in a company-wide memo that his company will lay off about 7 percent of its total workforce as a result of economic challenges. In a letter shared with all employees and posted on Tesla’s website, Musk pointed to the high cost of his vehicles as a ba...
The layoffs are set to affect workers not just in Tesla’s home market the United States, but also in another major market China, across sales, tech and engineering. It was reported that Tesla China has asked executives identify positions that are critical to their team these months and some...
Mark Matousek
In spring 2024, Tesla laid off roughly 6,600 workers. According to labor statistics, it filed about 1,300 H-1B visa applications around the same time.
Tesla announced it will lay off nearly 2,700 workers at its factory in Austin a week after the company said it would cut more than 10% of its global workforce. The carmaker also said it plans to launch new, more affordable vehicles next year. That news boosted shares more than 10% in...
according to fillings with U.S. regulators. Based on the reported layoff scale, Tesla will reduce about 14,000 of jobs. The layoffs could affect workers not just in Tesla’s home market the United States, but also in another major market China, across sales, tech and engineering. It was...
according to fillings with U.S. regulators. Based on the reported layoff scale, Tesla will reduce about 14,000 of jobs. The layoffs could affect workers not just in Tesla’s home market the United States, but also in another major market China, across sales tech and engineering . It was...
Last year, General Motors and Ford announced they would stop building sedans for America, to focus on the more lucrative SUV and truck segments. GM plans to close at least three assembly plants and lay off 14,000 people. Morgan Stanley predicts Ford’s job losses could be worse. “This ...