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Tesla (TSLA) is rumored to be preparing a massive round of layoffs

Tesla announced to Gigafactory Texas employees that it will shorten Cybertruck production shift amid rumors that it is preparing a round of layoffs. Update: Tesla has now confirmed a 10% Layoff in a company-wide email from CEO Elon Musk We received several reports today from Tesla employees hearing rumors of an important round of layoffs happening this week at the company. Some of them are talking about layoffs as high as 20% of the workforce, which would mean tens of thousands of employees. The...

Read more at electrek.co

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