The push towards electrics means changes in the automotive industry are impacting every OEM – even those tailor made for it.
Elektrek first reported that EV leader Tesla is cutting “more than 10%” of its workers. Citing an internal memo, the company is reportedly looking at “cost reductions and increasing productivity” and will target its global workforce. While no hard number was released, 10% of Tesla’s worldwide staff would amount to 14,000 job cuts or more.
Download and listen to the audio version below and click here to subscribe to the Today in Manufacturing podcast.
The push towards electrics means changes in the automotive industry are impacting every OEM – even those tailor made for it.
Elektrek first reported that EV leader Tesla is cutting “more than 10%” of its workers. Citing an internal memo, the company is reportedly looking at “cost reductions and increasing productivity” and will target its global workforce. While no hard number was released, 10% of Tesla’s worldwide staff would amount to 14,000 job cuts or more.
Download and listen to the audio version below and click here to subscribe to the Today in Manufacturing podcast.