financetom
Business
financetom
/
Business
/
Tesla to lay off more than 10% of its staff, Electrek reports
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Tesla to lay off more than 10% of its staff, Electrek reports
Apr 15, 2024 3:47 AM

April 15 (Reuters) - Tesla will lay off more

than 10% of its workforce, tech publication Electrek reported on

Monday, citing an internal memo.

The world's largest auto-maker by market value had 140,473

employees globally as of December, according to its latest

annual report.

Tesla did not immediately respond to a request for comment.

(Reporting by Yuvraj Malik in Bengaluru; Editing by Anil

D'Silva)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Grand Theft Auto 6 Production Reportedly Facing Delays
Grand Theft Auto 6 Production Reportedly Facing Delays
Mar 25, 2024
10:50 AM EDT, 03/25/2024 (MT Newswires) -- Take-Two Interactive Software's ( TTWO ) shares were down 5.8% at 10:42 a.m. ET following a Kotaku report that the highly anticipated Grand Theft Auto 6 video game may miss its 2025 release window. Price: 143.25, Change: -9.21, Percent Change: -6.04 ...
Trump-Linked Digital World Stock Is Rising Monday: What's Going On?
Trump-Linked Digital World Stock Is Rising Monday: What's Going On?
Mar 25, 2024
Digital World Acquisition Corp ( DWAC ) shares are trading higher Monday. The company announced late last week that shareholders approved its proposed merger with Trump Media & Technology Group Corp. What To Know: After the market close on Friday, Digital World announced that its proposed merger with former President Donald Trump’s Trump Media & Technology Group Corp has been...
What's Going On With Ocugen (OCGN) Shares?
What's Going On With Ocugen (OCGN) Shares?
Mar 25, 2024
Ocugen Inc ( OCGN ) shares are trading higher by 25.6% to $2.06 during Monday’s session. The stock is trading higher, potentially on upward momentum, after the Third Circuit Court of Appeals last week upheld the decision of the Eastern District of Pennsylvania to dismiss with prejudice the consolidated securities class action lawsuits against Ocugen ( OCGN ). Additionally, Ocugen...
Emergent Gets FDA's 'No Action Indicated' Status For Baltimore Bayview Manufacturing Facility
Emergent Gets FDA's 'No Action Indicated' Status For Baltimore Bayview Manufacturing Facility
Mar 25, 2024
10:49 AM EDT, 03/25/2024 (MT Newswires) -- Emergent Biosolutions ( EBS ) said Monday that the US Food and Drug Administration gave its Baltimore Bayview manufacturing facility a No Action Indicated status classification. The company said the status means the facility complies with current good manufacturing practices. Shares of Emergent Biosolutions ( EBS ) were up more than 6% in...
Copyright 2023-2026 - www.financetom.com All Rights Reserved