Tesla to cut workforce by 7% and focus on Model 3 production

Tesla to cut workforce by 7% and focus on Model 3 production

5 years ago
Anonymous $Dftgs0JzgE

https://techcrunch.com/2019/01/18/tesla-to-cut-workforce-by-7-and-focus-on-model-3-production/

Tesla is cutting 7% of its full-time workforce. The company disclosed the headcount reduction in an update emailed to all employees and also posted to its website.

In the email, CEO Elon Musk says the focus must be on delivering “at least the mid-range Model 3 variant in all markets”. He also warns those employees not set to be axed that there are “many companies that can offer a better work-life balance, because they are larger and more mature or in industries that are not so voraciously competitive”.

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