The Guardian
By Dan Milmo and Graeme Wearden
Mon 15 Apr 2024 11.12 EDT
First published on Mon 15 Apr 2024 08.00 EDT
Tesla is laying off more than 10% of its global workforce, equivalent to at least 14,000 roles, as the electric carmaker reacts to slowing demand and pressure on prices.
The chief executive, Elon Musk, announced “the difficult decision” in a memo first reported by the online publication Elektrek. Tesla employs 140,473 people, according to its annual report.
Musk wrote that Tesla had grown rapidly in recent years and as a result there had been duplication of roles and job functions in certain areas.