Tesla to cut 601 jobs in Bay Area, a sign of more problems for EV maker
Briefly

from Los Angeles Times10 months ago
Tesla is planning to lay off 378 employees at its Fremont facilities and 233 at its Palo Alto offices over a 14-day period starting June 20.
Los Angeles Timeshttps://www.latimes.com/business/story/2024-05-15/tesla-to-cut-601-job-at-bay-area-facilities-a-sign-of-more-problems-for-the-electric-car-maker
Elon Musk cited the need for cost reductions and increased productivity as reasons for the layoffs, part of a larger effort to prepare the company for growth.
Los Angeles Timeshttps://www.latimes.com/business/story/2024-05-15/tesla-to-cut-601-job-at-bay-area-facilities-a-sign-of-more-problems-for-the-electric-car-maker
Read at Los Angeles Times
#tesla #layoffs #cost-reduction #elon-musk #company-restructuring
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