Tesla to lay off 9% of their employees
Tesla CEO Elon Musk said that beginning this week Tesla will lay off about 9% of its employees due to redundancies in some job functions. The layoffs would primarily affect salaried employees, sparing production-line workers as the company ramps up Model 3 production. Tesla would continue to hire for important roles, particularly those involved in vehicle production. The layoffs could affect about 4,000 people among the company’s 46,000 employees.
