Tesla Announces Steep Employee Cuts Amid Revenue Drop
7 months, 4 weeks ago

Tesla Announces Steep Employee Cuts Amid Revenue Drop

Huff Post  

LOADING ERROR LOADING Elon Musk’s Tesla announced Tuesday that it plans to lay off 6,020 employees in a massive round of cuts as the electric vehicle company weathers its biggest revenue drop in more than a decade. The notices became public the same day Tesla held its quarterly earnings call with investors, revealing a 9% drop in first-quarter revenue year-over-year that marks its biggest decline since 2012. The call happened days after the company recalled thousands of its Cybertrucks over concerns accelerator pedal pads may dislodge and stick, potentially causing the $100,000 vehicles to crash. Amid the news, Musk boasted on X, which was known as Twitter until he bought it in 2022, about Tesla creating 30,000 manufacturing jobs in California over the past 14 years.

Tesla California Musk Cuts Amid  musk  workforce  revenue  tesla  notices  reductions  manufacturing  cuts  amid  employee  drop  jobs  plans  steep  company  announces

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Boeing cuts hundreds of jobs in Washington, California amid workforce reduction plan
Trending News
1 week, 6 days ago

Boeing cuts hundreds of jobs in Washington, California amid workforce reduction plan

Live Mint  

Boeing, one of the world's largest aerospace companies, has laid off hundreds of workers in Washington state and California as part of its previously announced plan to cut its workforce by approximately 17,000 jobs, as per Associated Press. Notices filed with state employment agencies showed the first round of cuts impacted about 3,500 people around the country, The Seattle Times …

California plan that might cut Teslas from EV tax credit drives Elon Musk nuts
3 weeks, 3 days ago

California plan that might cut Teslas from EV tax credit drives Elon Musk nuts

The Independent  

Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Get our free Inside Washington email SIGN UP I would like to be emailed about offers, events and updates from The Independent. California’s potential plan would likely not include Musk’s cars because the program would be …

Tech Layoffs 2024 continue as Mozilla, X and Samsung announce fresh round of job cuts
1 month, 2 weeks ago

Tech Layoffs 2024 continue as Mozilla, X and Samsung announce fresh round of job cuts

India Today  

As we near the close of 2024, the wave of layoffs in the tech industry shows no sign of slowing down. Following the mass job cuts announced in 2022 and 2023, tech companies have continued to announce additional layoffs throughout this year amid economic pressures, shifting strategies, and the impact of technological advancements like AI. According to Mozilla, the layoffs …

Elon Musk beats $500m severance lawsuit by fired Twitter workers
5 months, 1 week ago

Elon Musk beats $500m severance lawsuit by fired Twitter workers

Al Jazeera  

The US judge said the federal law governing benefit plans did not cover the former employees’ claims. United States District Judge Trina Thompson in San Francisco, California ruled on Tuesday that the federal Employee Retirement Income Security Act governing benefit plans did not cover the former employees’ claims, and therefore she lacked jurisdiction. The case is one of many accusing …

Tesla layoffs: Elon Musk is now rehiring this team that he fired weeks ago
7 months, 1 week ago

Tesla layoffs: Elon Musk is now rehiring this team that he fired weeks ago

Hindustan Times  

Elon Musk is rehiring some of the workers from Tesla's Supercharger team which he dissolved two weeks ago, it was reported. This comes as Elon Musk said in an email to his staff that he is cutting jobs of the team behind Tesla's Supercharger charging-station network last month. Elon Musk's decision to cut jobs in the Supercharger team had shocked …

Tesla to cut 601 jobs in Bay Area, a sign of more problems for EV maker
7 months, 1 week ago

Tesla to cut 601 jobs in Bay Area, a sign of more problems for EV maker

LA Times  

An assembly line at Tesla’s plant in Fremont, Calif., in 2015. In the fourth straight week of layoff announcements, Tesla said it is now concentrating on reducing staff at its Bay Area facilities as part of a larger move to cut jobs globally. State filings show that Tesla is planning to lay off 378 employees at its Fremont facilities and …

Tesla layoffs: Employee shares her ordeal after receiving ‘Your last working day is today’ mail from Elon Musk
7 months, 2 weeks ago

Tesla layoffs: Employee shares her ordeal after receiving ‘Your last working day is today’ mail from Elon Musk

Hindustan Times  

Another week, another round of Tesla layoffs and the fourth week of bloodbath continues at Elon Musk's auto-mobile firm. Alisha Ferenczi, Tesla's Ex Senior Service Advisor shared her termination letter Several employees took to social media to share their experiences of how a single email turned their lives upside down, including Cheryl Cai, a UX Designer who worked with Apple …

Tesla layoffs: ‘Your last working day is today’, Elon Musk's ‘insensitive’ termination mail to employees goes viral
7 months, 2 weeks ago

Tesla layoffs: ‘Your last working day is today’, Elon Musk's ‘insensitive’ termination mail to employees goes viral

Hindustan Times  

As the bloodbath continues at world's one of richest man, Elon Musk's company Tesla, his former employees are now sharing experiences of how their association with the company was snapped with a single mail. Viral image of Tesla's separation letter as Elon Musk's company announces another round of layoffs In the latest round of layoff workers from the company’s software, …

Tesla layoffs: Elon Musk's company cuts more jobs in these teams, report claims
7 months, 2 weeks ago

Tesla layoffs: Elon Musk's company cuts more jobs in these teams, report claims

Hindustan Times  

Tesla layoffs: Electric-vehicle maker Tesla has reportedly laid off staff from the software, service and engineering departments, Electrek reported citing people in the know. This comes after the Elon Musk-led company disbanded its EV charging department last month as Tesla announced that it was reducing its global workforce by more than 10%. Tesla layoffs: Tesla Chief Executive Officer Elon Musk …

Tesla lays off more staff in service and software team: Know why?
7 months, 2 weeks ago

Tesla lays off more staff in service and software team: Know why?

India TV News  

Tesla, an e-automobile headed by Elon Musk has reportedly laid off staff from the software, service and engineering departments- tech publication Electrek reported on Monday, citing sources familiar with the matter. The move took place after the Elon Musk-led automaker disbanded its EV charging department following Tesla's announcement last month that it was reducing its global workforce by more than …

Tech Layoffs: Over 80,000 Employees Lose Jobs Across 279 Firms In First 4 Months Of 2024
7 months, 2 weeks ago

Tech Layoffs: Over 80,000 Employees Lose Jobs Across 279 Firms In First 4 Months Of 2024

ABP News  

Tech Layoffs: The technology sector is grappling with a persistent wave of layoffs, which do not seem to be stopping anytime soon. Over the first four months of this year, the sector has seen a significant workforce reduction, with over 80,000 employees reportedly losing their jobs around the world. According to the most recent data from layoff.fyi, a platform dedicated …

80,000 tech employees lost jobs across 279 firms in 2024 so far: Report
7 months, 2 weeks ago

80,000 tech employees lost jobs across 279 firms in 2024 so far: Report

India TV News  

It was reported that more than 80,000 employees in the technology sector lost their jobs in the first four months of 2024, and layoffs are continuing to haunt the overall startup ecosystem across the world. Latest figures from layoff.fyi, a portal that tracks tech sector job cuts, 279 tech companies have sacked 80,230 employees to date. In 2022 and 2023, …

Google and Tesla continue laying off employees: Reports
7 months, 3 weeks ago

Google and Tesla continue laying off employees: Reports

The Hindu  

Google and Tesla are laying off more employees as both companies continue to cut jobs across multiple rounds in 2024, according to media reports. Google laid off at least 200 “Core” team employees and will also be moving several roles to India and Mexico, CNBC reported. Musk had posted on X that “about every 5 years, we need to reorganize …

Tesla layoffs: ‘Frustrated’ Elon Musk sacks senior executives in fresh job cuts
7 months, 3 weeks ago

Tesla layoffs: ‘Frustrated’ Elon Musk sacks senior executives in fresh job cuts

Hindustan Times  

Tesla CEO Elon Musk sacked company's senior management and laid off hundreds more employees amid falling sales, it was reported. Tesla layoffs: Tesla Chief Executive Officer Elon Musk is seen, This comes as Elon Musk visited China on an unannounced visit which was reportedly focussed on discussing the rollout of its Full Self-Driving software and the data-transfer permissions. Additionally, Elon …

Elon Musk fires 2 senior executives at Tesla, plans to cut hundreds of more jobs due to falling sales
7 months, 3 weeks ago

Elon Musk fires 2 senior executives at Tesla, plans to cut hundreds of more jobs due to falling sales

India Today  

Elon Musk, the CEO of Tesla, has sacked two senior executives at Tesla. The cited source says that Musk plans to cut hundreds of more jobs who were working under these two executives. Ho, who joined Tesla in 2013, played a significant role as a program manager in the development of key Tesla models such as the Model S, 3, …

Tesla Layoffs: Elon Musk's EV Firm To Fire 693 Employees In Nevada
7 months, 3 weeks ago

Tesla Layoffs: Elon Musk's EV Firm To Fire 693 Employees In Nevada

ABP News  

Tesla Layoffs: Elon Musk’s Tesla is set to layoff 693 employees at its facilities in Sparks, Nevada, as part of its initiative to reduce over 10 per cent of its worldwide workforce due to declining sales and increasing competition, according to a government notice released on Saturday, reported the news agency Reuters. Recent reports also suggested that the CEO, Elon …

Tesla layoffs: Company to cut more than 6,000 jobs in Texas, California
7 months, 4 weeks ago

Tesla layoffs: Company to cut more than 6,000 jobs in Texas, California

Hindustan Times  

Tesla said it will lay off 6,020 employees in Texas and California after the company announced that it would cut more than 10% of its global workforce amid dropping sales and intensifying price war among EV makers. The notices showed that Tesla will cut 3,332 jobs in California and 2,688 positions in Texas. The global job cuts would include 285 …

Tesla layoffs: Elon Musk says job cuts ‘necessary’, will save $1 billion annually
7 months, 4 weeks ago

Tesla layoffs: Elon Musk says job cuts ‘necessary’, will save $1 billion annually

Hindustan Times  

Elon Musk-owned Tesla registered a massive drop in its quarterly profits amid challenges in the electric vehicle market. Elon Musk termed the recent job cuts at Tesla a “necessary step" to reorganize the company for the next phase of growth. Tesla layoffs: Tesla Chief Executive Officer Elon Musk gets in a Tesla car as he leaves a hotel in Beijing, …

Tesla Layoffs: EV Maker Fires Entire 'Growth Content' Marketing Team Established A Year Ago, Says Report
8 months ago

Tesla Layoffs: EV Maker Fires Entire 'Growth Content' Marketing Team Established A Year Ago, Says Report

ABP News  

Tesla Layoffs: Tesla has reportedly Laid off a recently established marketing department as part of broader company layoffs, marking a departure from a conventional advertising strategy that CEO Elon Musk had approved less than a year ago. As a part of the ongoing job reductions, the entire US "growth content" team, consisting of approximately 40 employees under the supervision of …

Tesla cutting jobs worldwide, which includes leading markets
8 months ago

Tesla cutting jobs worldwide, which includes leading markets

China Daily  

Customers examine a Model Y at a Tesla store in Jinan, Shandong province, in March 2023. Tesla's global job cuts include reducing staff in the United States and China — the automaker's two biggest markets — across sales, tech and engineering, five sources briefed on the matter said. Two sources said members of Tesla's China sales team were notified they …

Tesla shares drop below $150, wiping out a year’s gains — three days days after Musk sacked 14k people
8 months ago

Tesla shares drop below $150, wiping out a year’s gains — three days days after Musk sacked 14k people

The Independent  

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Your briefing on the latest headlines from across the US SIGN UP I would like to be emailed about offers, events and updates from The Independent. The price cuts caused used electric vehicle values …

Tesla planning to lay off over 10% of workforce amidst delivery dip
8 months, 1 week ago

Tesla planning to lay off over 10% of workforce amidst delivery dip

The Hindu  

Tesla plans to lay off over 10% of its workforce, or roughly 14,000 employees, according to a report by tech outlet Electrek. In a separate update, CEO Elon Musk, replied to a tweet on the departure of high level Tesla executives Drew Baglino, a former SVP of Powertrain and Energy, as well as Rohan Patel, who headed policy at Tesla, …

‘There is nothing I hate more, but it must be done’: Elon Musk to cut 14,000 jobs from Tesla
8 months, 1 week ago

‘There is nothing I hate more, but it must be done’: Elon Musk to cut 14,000 jobs from Tesla

The Independent  

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Your briefing on the latest headlines from across the US SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Electric vehicle powerhouse Tesla …

Tesla layoffs: What CEO Elon Musk wrote in leaked job cuts memo to employees
8 months, 1 week ago

Tesla layoffs: What CEO Elon Musk wrote in leaked job cuts memo to employees

Hindustan Times  

CEO Elon Musk infomed Tesla employees that several job cuts will be made soon, as per a leaked memo to the staff. In the letter reported by Quartz, Elon Musk didn’t disclose the exact number of layoffs that would take place but it was reported that almost 10% of the companies workforce will lose jobs. Tesla layoffs: Elon Musk attends …

Tesla plans to lay off 10% of workforce after dismal quarterly sales, multiple news outlets report
8 months, 1 week ago

Tesla plans to lay off 10% of workforce after dismal quarterly sales, multiple news outlets report

Associated Press  

DETROIT — After reporting dismal first-quarter sales, Tesla is planning to lay off about a tenth of its workforce as it tries to cut costs, multiple media outlets reported Monday. Musk’s memo said that as Tesla prepares for its next phase of growth, “it is extremely important to look at every aspect of the company for cost reductions and increasing …

Elon Musk to slash more than 10% of global employee count: Know-why?
8 months, 1 week ago

Elon Musk to slash more than 10% of global employee count: Know-why?

India TV News  

Elon Musk, the brain and head of Tesla has reportedly announced to lay off more than 10 per cent of the workforce from all over the world. Preparing for the next phase of Tesla A media report which surfaced on Monday by the name of Electrek stated that the billionaire stated that they have decided to reduce their workforce and …

Tesla to slash more than 10% of its global workforce
8 months, 1 week ago

Tesla to slash more than 10% of its global workforce

LA Times  

A truck loaded with Tesla cars departs the company’s Fremont manufacturing plant in 2020. Tesla Inc. is laying off more than 10% of its workforce, Chief Executive Elon Musk wrote in an email to staff. “Streamlining is one thing, but the size of this cut is a concern for a company that’s still in growth mode.” Although Tesla moved its …

On Tesla's new mass-market EV, a word from CEO Elon Musk: ‘Workers will have to…’
10 months, 3 weeks ago

On Tesla's new mass-market EV, a word from CEO Elon Musk: ‘Workers will have to…’

Hindustan Times  

Tesla employees must be ready for a ‘challenging’ production ramp-up, CEO Elon Musk has warned, as he previewed the EV manufacturer's plans to build a new mass-market vehicle, Business Insider has reported. Tesla CEO Elon Musk “Building the next-generation EV will require workers to live and sleep on the manufacturing line at the Texas factory. Tesla ‘Redwood’ EVs The plans …

Tesla is raising factory worker pay as auto union tries to organize its electric vehicle plants
11 months, 1 week ago

Tesla is raising factory worker pay as auto union tries to organize its electric vehicle plants

Associated Press  

DETROIT — Factory workers at Tesla have been told to expect pay raises this year, a move that comes as the United Auto Workers union tries to organize the electric vehicle maker’s U.S. plants. The UAW said Thursday that Tesla workers have told the union about company statements on the raises, which did not give details about the size of …

Elon Musk's Tesla begins layoffs of battery workers at China electric vehicle factory: Report
1 year, 5 months ago

Elon Musk's Tesla begins layoffs of battery workers at China electric vehicle factory: Report

Hindustan Times  

Tesla Inc. is laying off some electric-vehicle battery workers at its Shanghai plant, people familiar with the matter said, just as a bruising price war among manufacturers in China is showing signs of easing. The carmaker began notifying some employees on its battery assembly lines about the decision earlier this week, the people said, asking not to be identified because …

Tesla Inc. cuts battery production workforce in China: Report
1 year, 5 months ago

Tesla Inc. cuts battery production workforce in China: Report

Live Mint  

Tesla Inc. has reportedly initiated layoffs of a portion of its battery production workers at its Shanghai plant, according to individuals familiar with the situation. According to Bloomberg, Tesla Inc. has commenced the notification process for layoffs among employees working on the cell assembly lines of the initial phase of its factory in China's financial hub. Although Tesla sources batteries …

Elon Musk suggests Twitter is more productive after job cuts, urges more companies to do the same
1 year, 6 months ago

Elon Musk suggests Twitter is more productive after job cuts, urges more companies to do the same

India Today  

Twitter and Tesla owner Elon Musk suggests that big tech companies should cut jobs to increase the value of work and productivity. He notes that in most companies, there are workers who "help move things forward" and employees "who try to slam the brakes on," adding that nine out of ten people at Twitter dropped productivity. More workers got laid …

Twitter sacks at least 200 employees in latest round of layoffs: Report
1 year, 9 months ago

Twitter sacks at least 200 employees in latest round of layoffs: Report

Hindustan Times  

Twitter Inc has laid off at least 200 employees, or about 10% of its workforce, the New York Times reported late on Sunday, in its latest round of job cuts since Elon Musk took over the micro-blogging site last October. The layoffs on Saturday night impacted product managers, data scientists and engineers who worked on machine learning and site reliability, …

Another round of job cuts at Twitter, at least 50 laid off: Report
1 year, 9 months ago

Another round of job cuts at Twitter, at least 50 laid off: Report

Hindustan Times  

Elon Musk's Twitter Inc laid off dozens of employees on Saturday in what is at least the eighth round of job cuts since Musk took over the social network in late October, the Information reported. The job cuts impacted multiple engineering teams, including those supporting advertising technology, the main Twitter app as well as technical infrastructure to keep Twitter's systems …

Twitter layoffs continue: Elon Musk-led company fires 50 more amid cost cuts
1 year, 9 months ago

Twitter layoffs continue: Elon Musk-led company fires 50 more amid cost cuts

Live Mint  

Twitter undertook yet another round of job cuts this week with around 50 people being laid off on Saturday. According to a report by The Information, the job cuts impacted multiple engineering teams - including those supporting advertising technology, the main Twitter app as well as technical infrastructure to keep Twitter's systems up and running. Musk had noted last year …

Elon Musk picks California for Tesla’s engineering headquarters
1 year, 10 months ago

Elon Musk picks California for Tesla’s engineering headquarters

Live Mint  

Tesla CEO Elon Musk has announced that he would establish the global engineering headquarters of the posh car in California. During an event with California Governor Gavin Newsom, Musk said, " This is I think the poetic transition from the company that founded Silicon Valley to Tesla". The new Tesla engineering headquarters will be in a former Hewlett Packard building …

After firing around 5000 employees, Twitter boss Elon Musk plans to hire engineers from India
2 years, 1 month ago

After firing around 5000 employees, Twitter boss Elon Musk plans to hire engineers from India

India Today  

Elon Musk has fired thousands of Twitter employees in the last few weeks. In a recent meeting with employees, Musk said that “significant portions of the technology stack need to be rebuilt from scratch” and at one point he said it would be a good idea to “somewhat decentralize things” by setting up engineering teams in Japan, India, Indonesia, and …

Amazon, Twitter, More Tech Giants Are On Sacking Spree: What This Signals
2 years, 1 month ago

Amazon, Twitter, More Tech Giants Are On Sacking Spree: What This Signals

ABP News  

Over the past few weeks, top tech firms located in the Silicon Valley have laid off over 20,000 employees across the globe. From Twitter to Meta, the big tech companies have sacked thousands of employees or have frozen hirings as they are anticipating troubled times ahead. Why tech companies are sacking employees After the Covid pandemic, the tech firms and …

Twitter sued for mass layoffs by Elon Musk without enough notice: Report
2 years, 1 month ago

Twitter sued for mass layoffs by Elon Musk without enough notice: Report

Hindustan Times  

Twitter was sued over Elon Musk’s plan to eliminate about 3,700 jobs at the social-media platform-- half of its workforce -- which workers say the company is doing without enough notice in violation of federal and California law. Elon Musk Twitter: Tesla CEO Elon Musk took ownership of Twitter last week. The federal Worker Adjustment and Retraining Notification Act restricts …

Elon Musk Plans To Eliminate 3,700 Jobs At Twitter To Pare Costs: Reports
2 years, 1 month ago

Elon Musk Plans To Eliminate 3,700 Jobs At Twitter To Pare Costs: Reports

ABP News  

In a bid to cut costs following $44-billion Twitter acquisition, Tesla CEO Elon Musk plans to eliminate 3,700 jobs or half of the social media company’s workforce, citing sources privy to the development Bloomberg reported on Thursday. The world’s richest person also intends to reverse the company’s existing work-from-anywhere policy, asking remaining employees to report to offices, though some exceptions …

With Twitter layoffs set to start, employees worry about getting their severance
2 years, 1 month ago

With Twitter layoffs set to start, employees worry about getting their severance

LA Times  

Elon Musk reportedly plans to lay off about half of Twitter’s workforce as part of sweeping changes since he took control of the social media company. If Musk doesn’t offer similar severance packages to employees laid off in the next year, they would have grounds to sue the company as intended third-party beneficiaries to the agreement, said Lloyd Greif, chief …

Musk asks managers at Twitter to prepare list of people to be laid off: Report
2 years, 1 month ago

Musk asks managers at Twitter to prepare list of people to be laid off: Report

Hindustan Times  

Elon Musk has begun laying the groundwork for a round of layoffs at Twitter Inc. days after taking ownership of the social media platform. The billionaire entrepreneur, who completed his $44 billion acquisition Thursday, has asked managers to draw up lists of team members who could be let go, according to a person with knowledge of the matter. Concerns over …

Tesla bounces back after a production slowdown
2 years, 2 months ago

Tesla bounces back after a production slowdown

NPR  

Tesla bounces back after a production slowdown Enlarge this image toggle caption Patrick Pleul/AP Patrick Pleul/AP Elon Musk is confident the end of year for Tesla will be "epic" because electric vehicles are more desirable amid unstable gas prices, the CEO said on a call with shareholders and analysts. Sponsor Message "For the first time after a Cinderella story, the …

Microsoft continues layoff, cuts about 1,000 jobs: Report
2 years, 2 months ago

Microsoft continues layoff, cuts about 1,000 jobs: Report

Live Mint  

Microsoft Corp laid off under 1,000 employees across several divisions this week, Axios reported on Tuesday, citing a source, making it the latest US technology company to cut jobs or slow hiring amid a global economic slowdown. Several technology companies, including Meta Platforms Inc, Twitter Inc and Snap Inc have cut jobs and scaled back hiring in recent months as …

Tesla job cuts continue, 229 employees from Autopilot team fired
2 years, 5 months ago

Tesla job cuts continue, 229 employees from Autopilot team fired

India Today  

In its latest spree of layoffs, Tesla confirmed that it will fire 229 more of its employees working from the San Mateo, California office. The San Mateo, California office had about 276 workers, and according to a TechCrunch report, the remaining 47 workers may be sent to work in Tesla’s Buffalo Autopilot office. The workers who were fired were mostly …

Hiring Freeze, Mass Layoffs Plague Big Tech Amid Global Meltdown
2 years, 5 months ago

Hiring Freeze, Mass Layoffs Plague Big Tech Amid Global Meltdown

The Quint  

Twitter is also in the mix, having laid off 30 percent of its talent acquisition team last week. Tesla, having been recently sued for laying off employees without a notice period or compensation, have added on to the layoffs by disbanding 200 employees from its Autopilot division and shutting down their California office. Tesla CEO Elon Musk in an email …

Tesla fires 229 employees from Autopilot team, shuts office
2 years, 5 months ago

Tesla fires 229 employees from Autopilot team, shuts office

India TV News  

Highlights Most of the workers were in moderately low-skilled, low-wage jobs Tesla employs more than 1,00,000 people across its facilities A team of lawyers representing former Tesla employees have sought emergency protection Tesla has laid off 229 annotation employees from its Autopilot team and closed one of its offices in the United States. "Most of the workers were in moderately …

Tesla’s run of record deliveries may be reaching the end of the road
2 years, 5 months ago

Tesla’s run of record deliveries may be reaching the end of the road

The Hindu  

Tesla Inc is expected to end its nearly two-year-long run of record quarterly deliveries as a prolonged COVID-related shutdown in Shanghai hit its production and supply chain, highlighting the risks of its reliance on China. But China's prolonged zero-COVID lockdown - Wedbush analyst Dan Ives called it Tesla's "albatross" this quarter - caused deeper disruptions to output than Musk predicted. …

Tesla closes an office as layoff hits Autopilot jobs, including hourly ones
2 years, 5 months ago

Tesla closes an office as layoff hits Autopilot jobs, including hourly ones

The Hindu  

Tesla has shuttered its office in San Mateo, California and laid off roughly 200 employees working on its Autopilot driver-assistant system there, one of the people told Reuters, in a move seen as accelerating cost-cutting. Early this month, Tesla Chief Executive Elon Musk told top managers he had a "super bad feeling" about the economy and that the maker of …

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