Current location:Stellar Scope news portal > sport
Tesla plans to lay off 10% of workforce, multiple news outlets report
Stellar Scope news portal2024-05-08 17:21:12【sport】1People have gathered around
IntroductionDETROIT (AP) — After reporting dismal first-quarter sales, Tesla is planning to lay off about a tent
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.
Address of this article:http://belize.popular-vines.com/article-36f399869.html
Very good!(19912)
Related articles
- Judge delays murder trial for Indiana man charged in 2017 slayings of 2 teenage girls
- Bernie Sanders wants to spend $10BILLION on long Covid 'moonshot' operation
- Scoop review: Netflix's Prince Andrew drama divides critics
- Week in Politics: Tax cuts and a spoonful of sugar
- How a stem cell transplant could help to stop epilepsy seizures
- Which celebs have had the 'Biden facelift'? Top plastic surgeons spill all
- How middle
- Indiana mother Raeleigh Phillips charged with murdering nine
- Pamela Anderson, 56, breaks her no make
- Michael Sheen comically reveals how he broke his toe at a gym in LA
Popular articles
Recommended
Ivankovic vows all
Prince Harry WILL attend King Charles' Coronation but not Meghan Markle
Texas A&M Commerce wide receiver Keith Miller III is found dead at 23 near the Dallas
Costco member spotted returning vintage item from 2002 under retailer's 'unlimited grace period'
Tourism festival spurs consumption in Shanghai
Brooke Burke, 52, poses with her mini
How middle
Kanye West's ex Julia Fox gives Bianca Censori a run for her money in an X
Links
- Toronto treads lightly, choosing 4th
- Czech Republic's top court rules that surgery is not required to officially change gender
- Malaysian government defends presence of companies that supply weapons to Israel at defense show
- Nintendo to announce Switch successor in this fiscal year as profits rise
- Woods Richardson allows 1 hit in 6 shutout innings with 8 strikeouts as Twins beat Mariners 3
- EU Council adopts a plan worth 6 billion euros for Western Balkans to speed up enlargement process
- Bugging equipment found in room where Polish government was to meet
- Stock market today: Asian shares mostly gain after tech shares lead Wall St higher
- German track star Alica Schmidt, dubbed 'the world's sexiest athlete', qualifies for the Olympics
- Mystery as California firefighters find two dead bodies inside 'human