Tesla Lays Off More Than 10% of Its Global Workforce
CONFIRMEDDate confidence: CONFIRMEDStated as firmHow firmly the source words the date: confirmed, scheduled, estimated, delayed or unverified.Show all CONFIRMED pins89% CONFIDENCEOverall confidence: 89%How well the pin's source and references back up its dates.Weighted average of how firmly 4 references, the source included, support the pin's start and end times; a reference counts half as much for every 180 days older than the newestShow all pins at 75% confidence or betterCNBC[1], 15 April 2024: 'Tesla will lay off more than 10% of its global workforce, according to a memo sent to employees by CEO Elon Musk. The company's shares closed down more than 5% on Monday.'
Elon Musk told Tesla staff the company would cut more than 10% of its roughly 140,000 jobs worldwide to reduce costs, as senior executives Drew Baglino and Rohan Patel left and the shares fell more than 5%.
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