Home Latest News Tesla Job Cuts Will Lead to 3.5% Headcount Reduction, Musk Says –...

Tesla Job Cuts Will Lead to 3.5% Headcount Reduction, Musk Says – Bloomberg

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Elon Musk confirmed the salaried workforce at Tesla Inc. would be cut by about 10% over the next three months, but said the overall reduction in the electric-car maker’s headcount would only be some 3.5% as hourly staff numbers are still expected to grow.
“We grew very fast on the salaried side,” Musk said in an interview with Bloomberg News Editor-in-Chief John Micklethwait at the Qatar Economic Forum on Tuesday. “A year from now, I think our headcount will be higher” in salaried and hourly workers, but for now the reduction will be 3% to 3.5%, he said.

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She has been writing columns on consumer gadgets for over 2 years now. Her areas of interest include smartphones, tablets, mobile operating systems and apps. She holds an M.C.S. degree from Texas A&M University.