Tesla lays off 10% of its workforce amid demand slowdown

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Shares of Tesla Inc. dropped 5% today after the automaker announced plans to let go more than a tenth of its workforce. The company had 140,473 employees last December, which suggests over 14,000 staffers may be leaving the company. Tesla didn’t disclose what business units are affected. However, it did divulge that the departing staffers […]

The post Tesla lays off 10% of its workforce amid demand slowdown appeared first on SiliconANGLE.

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