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Market Chatter: Tesla Slashes Marketing Team Amid Broad Layoffs
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Market Chatter: Tesla Slashes Marketing Team Amid Broad Layoffs
Apr 22, 2024 8:41 AM

11:21 AM EDT, 04/22/2024 (MT Newswires) -- Tesla (TSLA) has cut its newly established marketing team as part of broader company layoffs, Bloomberg reported Monday, citing people familiar with the matter.

The "growth content" team in the US, led by senior manager Alex Ingram and comprising about 40 employees, was dissolved as part of job cuts, the people told Bloomberg.

The company has a smaller marketing team in Europe, the report said, citing one person.

There were also significant job reductions in Tesla's design studio and Hawthorne, California staff, according to the report.

Tesla did not immediately respond to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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