Tesla to lay off more than 10% of staff globally as sales fall
The world's largest automaker by market value had 140,473 employees globally as of December 2023, its latest annual report shows. The memo did not say how many jobs would be affected.
The world's largest automaker by market value had 140,473 employees globally as of December 2023, its latest annual report shows. The memo did not say how many jobs would be affected.
In a recent post on his social media platform X (previously Twitter), Musk responded to OpenAI's hiring efforts by saying, “They have been aggressively recruiting Tesla engineers with massive compensation offers and have unfortunately been successful in a few cases.”
The IG Metall union still expects to take 16 of 39 seats, making it the largest group in the new Tesla Gruenheide plant works council, the union said in a separate statement.
A suspected arson attack caused production at the plant near Berlin to be halted for a week earlier this month, prompting Tesla Chief Executive Elon Musk to visit this week.
California Superior Court Judge Noel Wise in Oakland said in a written order issued on Wednesday that the lawsuit presents questions common to all Black workers at the plant of whether Tesla was aware of the alleged misconduct and refused to take steps to prevent it.
The project had seen uneven progress throughout its life and its end comes as global automakers cut back their investments in electric vehicles, whose demand has dropped significantly.
Mercedes delayed its goal to go all-electric by 2030. Instead, it now says it will retain combustion engines in at least half of its vehicles until then. Previously, it had hedged by saying consumer demand would dictate how soon it went all-electric.
The Swedish strike was launched by the metal workers' union IF Metall on October 27 when mechanics at 10 Tesla repair shops in seven cities walked off the job.
Tesla sent out a single-line query for each job after canceling some employees' biannual performance reviews, some of the people familiar with the matter told Bloomberg.
The ruling by Chancellor Kathaleen St. Jude McCormick comes more than five years after a shareholder lawsuit targeted Tesla CEO Musk and directors of the company. They were accused of breaching their duties to the maker of electric vehicles and solar panels, resulting in a waste of corporate assets and unjust enrichment for Musk.
About 130 workers affiliated with IF Metall began a strike on Oct. 27, sparking sympathy strikes - a solidarity tactic by unaffected workers - from dockworkers, cleaners and car dealerships.