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Job Cuts Start in Tesla China Despite Earlier Denial-?

June 24, 2022
Source: tmtpost.com tmtpost.com
News Snapshot:
Image Source: Visual China Beijing, June 23 (TMTPOST) – Multinational electric vehicle maker Tesla is laying off 10% of its staff globally, including in the Chinese market. Tesla China has already started to implement the 10% workforce cut plan of Tesla’s founder and CEO Elon Musk, Sina Tech reported, citing a source familiar with the matter. Musk said at the Qatar Economic Forum on June 21 that Tesla will streamline its staff by 10% while increasing the number of part-time workers. The company’s staff will decrease by 3% to 3.5%. Information on Tesla China’s official site shows that the company...
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Tags: battery | Beijing | Berlin | California | car | CEO | China | Chinese | Economy | electric vehicle | Elon Musk | energy | equipment | factory | forum | Founder | Giant | IT | manufacturing | Silicon Valley | Sina | supply chain | technology | Tesla | Texas

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