https://www.cnbc.com/2019/01/18/tesla-to-cut-its-workforce-by-around-7-percent.html

Tesla is cutting its full-time staff headcount by approximately 7 percent, as it looks to ramp up production of its Model 3 sedans, CEO Elon Musk said Friday.

The job cuts come on the back of various cost-cutting measures the company has made of late, as it looks to boost margins and expand profitability.