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Tesla lays off over 10% of global workforce

Mark Moran
15 April 2024
Tesla (Ivan Radic/Flickr)
Tesla (Ivan Radic/Flickr)

 

Tesla is to lay off more than 10% of its global electric vehicle workforce. Tesla had 140,473 employees globally as of December, according to its latest annual report, which means around 14,000 people will lose their jobs.

In a memo emailed staff, the EV manufacturer’s owner Elon Musk wrote that the company had no choice but to reduce its headcount.

“We have done a thorough review of the organisation and made the difficult decision to reduce our headcount by more than 10%...

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