Layoffs at Tesla continue

Tesla continues his campaign layoffsthey report Electrek And Business Insider. Both media outlets report that the company is headed by Elon Musk. turned down more workers in different areasand the victims will be informed over the weekend and this Monday.

It is currently unknown how many employees have lost their jobs at Tesla as a result of the latest wave of layoffs. It is indicated that the positions being liquidated correspond to departments such as software, engineering and services.

One of the sources Business Insider, who still works at Tesla, says they are awaiting word from Elon Musk to find out how long the staff cuts will last. “We need closure or a sign that we can stop worrying about being out of work,” he said.

Tesla began the wave of layoffs in mid-April, announcing it would cut 10% of its global workforce. In addition to laying off workers across different regions, several executives have announced they are leaving or have been fired by the electric vehicle maker. Among the most notable cases were departures from Drew BaglinoSenior Vice President, Powertrain and Energy, and Rohan PatelVice President of Public Policy and Business Development.

Meanwhile, last week Tesla completed laying off a significant portion of its Supercharger team. Among the victims was Rebecca Tinucci, who led the direction and played an important role in expanding the company’s cargo network. Elon Musk has called on other leaders to reduce their teams to the minimum and necessary level under the threat of losing their jobs if they do not perform as required.

Tesla completed new layoffs over the weekend

It is currently unknown how long the layoffs at Tesla will last. Apparently, Elon Musk believed inside himself that his intention would be reduce company staff by 20%. If finalized, this could mean the departure of more than 28,000 employees, given that the company employed more than 140,000 people worldwide before the announcement in mid-April.

The tycoon initially said he had discovered duplication of roles and other inefficiencies due to significant staff growth in recent years. However, the layoffs come at a time when Tesla reported one of its worst financial results in a long time. The company suffered in the first quarter of 2024 drop in net profit by 55% compared to last year, and also experienced a noticeable drop in demand for its cars. Of the 433,371 units produced during this period, 386,810 units were delivered.

It is curious that, according to sources Electrek, some Tesla areas will remain abandoned due to the scale of the wave of layoffs. This may force the company rehire some laid-off workers to meet the needs and obligations of each sector. If this were really the case, it would not cause too much surprise. Let’s not forget that something similar happened at X (Twitter) after Elon Musk took the reins.

At the time of writing this article Musk has not publicly spoken about new layoffs at Tesla. The tycoon is still very active on his X (Twitter) profile, but does not link to what has been posted on the matter.