Tesla Will Lay Off More Than 10% of Workers
Source: New York Times
Tesla plans to lay off more than 10 percent of its work force in an effort to cut costs, Elon Musk, the automaker’s chief executive, told employees on Monday. The job cuts, amounting to about 14,000 people, come as the company faces increasing competition and declining sales.“As we prepare the company for the next phase of growth, it is extremely important to look at every aspect of the company for cost…
This is aggregated or syndicated coverage. Reporting and media belong to the original publisher.
Read the original source at New York Times