Elon Musk: Tesla Is Laying off 7 Percent of Its Staff
Friday, 18 January 2019 Black Friday Last Friday, aerospace company SpaceX announced plans to lay off 10 percent of its workers. This Friday, employees at energy and automotive company Tesla — another venture led by serial entrepreneur Elon Musk — found out that many of them are also losing their jobs. “[W]e unfortunately have no choice but to reduce full-time employee headcount by approximately 7% (we grew by […]
The post Elon Musk: Tesla Is Laying off 7 Percent of Its Staff appeared first on Futurism.
Wall Street reacted nervously on Friday to Tesla Inc’s move to shut its network of high-end showrooms and launch a long-awaited cheaper version of its Model 3 sedan, as shares fell 8 percent and most..