Tesla to Cut 14,000 Jobs, Over 10% of Workforce: Electrek

Apr 15, 2024, 09:53 AM

Tesla, the world's largest electric vehicle manufacturer, is set to execute its largest-ever layoffs, affecting more than 10% of its global workforce, which totals 150,000 employees. According to an internal memo and reports by Electrek, Tesla will be laying off at least 14,000 employees. This move comes as the company faces a slowdown in electric vehicle demand. The layoffs are part of a broader effort to streamline operations and reduce costs amidst market challenges.