Tesla Layoffs 2024 Reddit

Tesla Layoffs 2024 Reddit. The us electric vehicle (ev) maker's global layoffs are hitting employees in its china team, including sales, reuters said in a report today, citing two people familiar with the matter. 7,403 employees laid off — see all march 2024 tech layoffs;

However, when tesla announced the layoffs, their stock value took a 5% hit, wiping out about $25 billion in market capitalization. Signs of turmoil at tesla multiplied on monday after the electric car company told employees it would lay off more than 10 percent of the work force to cut costs and two senior.