Tesla is reportedly laying off ‘more than 10 percent’ of its workforce

Tesla, an Elon Musk-owned company is planning to cut down its workforce with more than 10 percent employees globally. According to the annual report, Tesla has around 140, 473 employees globally but the company is now planning to cut down its workforce and start the “next growth phase cycle”.

As per the sources, the company is planning for certain layoffs and has asked the managers to identify the critical employees. Now the news has come from an internal email that was signed by Elon Musk, which was leaked and posted by one user on X.

The users are now replying to the post shared on X by a user saying,” This is normal Tesla.”

The email says, “Over the years, we have grown rapidly with multiple factories scaling around the globe. With this rapid growth, there has been duplication of roles and job functions in certain areas,”

Also read: Elon Musk Admits His Posts Hurt X Financially Rather than Being Good

“As we prepare the company for our next phase of growth, it is extremely important to look at every aspect of the company for cost reductions and increasing productivity.”

“As part of this effort, we have done a thorough review of the organization and made the difficult decision to reduce our headcount by more than 10% globally. There is nothing I hate more, but it must be done. This will enable us to be lean, innovative, and hungry for the next growth phase cycle,” it added.

However, for now, the exact number of affected employees is not cleared but reportedly it will cut down a workforce of more than 10% of employees. So approximately this is going to affect around 14000 employees globally. Along with that Tesla has also started focusing on its new innovative and affordable project a new Robotaxi.