The company is the world's largest maker of premium evs, but recently reported its lowest quarterly sales since 2022. Tesla is reportedly laying off 10% of its global workforce and cutting hours for cybertruck employees at its austin, texas gigafactory.
Tesla to lay off 2,688 from its texas site. The layoffs come after tesla has struggled to perform in 2024, with a 35% drop in its stock since jan.
Redundancies Amount To A 12 Percent Cut In Tesla’s Austin Workforce.
Following significant workforce reductions in 2022 and 2023, this year has already seen 60,000 job cuts across 254 companies, according to independent layoffs tracker layoffs.fyi.
Two Senior Executives Also Resigned.
Tesla employees in texas were laid off as part of widespread cuts impacting more than 10 percent of the ev maker’s global staff.
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Tesla Is Reportedly Laying Off 10% Of Its Global Workforce And Cutting Hours For Cybertruck Employees At Its Austin, Texas Gigafactory.
The significant staff shedding affects at least 14,000 people.
Texas Isn’t Far Behind, However, With 2,688 Jobs That Will Be Cut Beginning On The.
