Elon Musk says Tesla job cuts will reduce workforce by 3.5%
The US-based electric car manufacturer will lay off around 10% of its salaried personnel in the coming three months, leading to a rough 3.5% cut to total staff, which will also see hourly waged employment rise, says CEO.
By Dana Hull, Bloomberg News
Tesla Inc. is cutting its salaried workforce by about 10% over the next three months, resulting in an overall reduction of some 3.5% in total headcount as hourly staff numbers are still expected to grow, Chief Executive Officer Elon Musk said.
Already a subscriber?Log in here
Read the whole article
Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
.jpg&w=384&q=75){kind=logo}
