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 ...
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
the claim assumes without evidence that the layoffs affected U.S.-born workers and not H-1B visa workers, and that new H-1B visa workers were specifically hired after the layoff to fill the recently vacated positions.
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...
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 ...
Tesla CEO Elon Musk clarifies layoff plans at electric carmaker Elon Musk has sought to clarify how many Tesla workers will lose their jobs, following the launch of a lawsuit by former employees who claim the automaker breached U.S. labor laws. Speaking at an event hosted by Bloomberg on Tu...
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...
“This is a constant exercise, and we just have to chase down every penny possible,” Taneja said. “We have a strong team which is hyper-focused on this.” While this certainly wouldn’t be the company’s first round of layoffs — dozens of employees wereterminated in Buffalolast Feb...
Tesla China was reported in June to lay off workers that were assigned to Gigafactory Shanghai’s Phase 1 battery production line without clear reason. Reports later said the company gave affected staff options to transfer to different a different workshop in the complex. "Some of workers are ...