Tesla plans to lay off 10% of workforce, multiple news outlets report
Release time：2024-04-30 20:35:55 Source：Culture Channel news portal
DETROIT (AP) — After reporting dismal first-quarter sales, Tesla is planning to lay off about a tenth of its workforce as it tries to cut costs, multiple media outlets reported Monday.
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 important to look at every aspect of the company for cost reductions and increasing productivity,” The New York Times and CNBC reported. News of the layoffs was first reported by electric vehicle website Electrek.
- Previous：Israel has offered Hamas a 40
- Next：English Premier League takes another step toward introducing a spending cap
Related articles
- Mel Gibson sports an arm sling following shoulder injury as he attends a coffee meeting in Malibu
- China's Land
- College Students in Hebei Send Love, Warmth to Rural Children in Winter Vacation
- China Launches Student Safety Education Campaign
- A retired Roman Catholic bishop who tried to mediate between cartels in Mexico has been kidnapped
- China urges US, Japan, Philippines to stop undermining regional peace, stability
- Mechanism Promotes Public Interest Litigation to Protect Women, Children's Rights, Interests
- Sydney attack victims include a mother who saved her baby, a Chinese grad student and an architect
- The Latest
- Xizang Opens Its First Multi
- FAU's Vladislav Goldin to join Dusty May at Michigan, pulls name out of NBA draft
- Promoting Sex
- Crackdown Targets Women, Child Trafficking
- Southeast Asian Livestreamers Shine at Cross
- Rays thwart Brewers' ninth
- Event to Promote Love of Reading to Be Held in Kunming
- Israel withdraws all ground troops except for one brigade from southern Gaza: media reports
- Letter from China: New quality productive forces mark Chinese path to future
- Rays reliever Chris Devenski goes on the injured list with knee tendinitis
- Israel holds transport drill to prepare for possible 'multi
Random recommendation
- Copyright © 2024 Powered by Tesla plans to lay off 10% of workforce, multiple news outlets report ,Culture Channel news portal sitemap