Tesla lays off more staff in software, service teams, Electrek reports - News Summed Up

Tesla lays off more staff in software, service teams, Electrek reports


Employees at the automaker received emails over the weekend as part of broader layoffs, according to the Electrek reportElectric-vehicle maker Tesla has laid off staff from the software, service and engineering departments, tech publication Electrek reported on Monday, citing sources familiar with the matter. Employees at the automaker received emails over the weekend as part of broader layoffs, according to the Electrek report. Tesla, whose shares were up more than 1%, did not immediately respond to a Reuters request for comment. Tesla disclosed last month it expects to book more than $350 million in costs in the second quarter for the mass layoffs. The job cuts also included an exodus of top executives, including Drew Baglino, Rohan Patel, Rebecca Tinucci and Daniel Ho.


Source: bd News24 May 07, 2024 07:05 UTC



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