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Tesla to cut salaried workforce by 10% over next 3 months, says Musk

06/21/2022

Less than a minute

2022.06.21 11:06

Tesla to cut salaried workforce by 10% over next 3 months, says Musk
FILE PHOTO: A cleaning worker walks past the electric vehicle maker Tesla’s showroom in Beijing, China January 5, 2021. REUTERS/Tingshu Wang

DUBAI (Reuters) – Electric carmaker Tesla (NASDAQ:TSLA) will reduce its salaried workforce by roughly 10% over the next three months, Chief Executive Elon Musk said on Tuesday.

The cuts would amount to about a 3.5% reduction in total headcount at the company, Musk said at the Qatar Economic Forum organised by Bloomberg.

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06/21/2022

Less than a minute