6 months ago
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Billionaire says ‘there is nothing I hate more’ than cutting staff as more than 10% of workforce to be affected
Tesla is reportedly laying off more than 10% of its global workforce, equivalent to about 14,000 roles.
The electric carmaker’s chief executive, Elon Musk, said he had made “the difficult decision to reduce our headcount by more than 10% globally”, in a memo reported by the online publication Elektrek. Tesla employs 140,473 people, according to its annual report.
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