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The year is barely one-third of the way though and already things are going bad for Tesla and Elon Musk. The EV car leader announced it will slash its workforce by 10% following weak sales of its ...
The tech sector layoffs that characterized 2023 have continued into 2024 with several big-name companies announcing cuts. Related: ‘Grand Theft Auto’ maker Take-Two to cut jobs, cancel games ...
Tesla management told employees Monday that the recent layoffs — which gutted some departments by 20% and even hit high performers — were largely due to poor financial performance, a source ...