Tesla plans to lay off 10% of workforce, multiple news outlets report
Release time：2024-05-21 15:27:11 Source：Global Genesis 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：Yvette Fielding says her Most Haunted co
- Next：The unstoppable duo of Emma Stone and Yorgos Lanthimos
Related articles
- Verona confirms Serie A status for another year after beating Salernitana
- Xi Sends Greetings to Working People Nationwide Ahead of Int'l Workers' Day
- Tourists enjoy cherry blossoms in Wuhan
- Scenery of Zanda county, SW China's Tibet
- Six killed in a 'foiled coup' in Congo, the army says
- Grand Canal to get refilled with water in all dried
- Chinese President Appoints New Ambassadors
- Beautiful scenery of Mount Taishan, E China
- Young Boys seals 6th Swiss soccer league title in 7 years after rallying from firing coach Wicky
- Bringing on the summer tourism heat
- Siblings trying to make US water polo teams for Paris Olympics
- China Rolls out Red Carpet for Central Asian Leaders Ahead of Milestone Summit
- China sees over 73 mln domestic tourist visits during Mid
- A visit to Fuzhou: Don’t miss these sublime historical and cultural sites
- Amir Khan's £11.5m luxury wedding venue finally hosts its first marriage: Bride arrives on horse
- Fuyuan in NE China makes efforts to develop its distinctive cultural tourism industry
- Fuyuan in NE China makes efforts to develop its distinctive cultural tourism industry
- Harbin Ice
- Supreme Court declines to hear challenge to Maryland ban on rifles known as assault weapons
- Forest Law builds legal protection for ecology
Random recommendation
- Copyright © 2024 Powered by Tesla plans to lay off 10% of workforce, multiple news outlets report ,Global Genesis news portal sitemap