{"id":2221164,"date":"2024-04-15T09:24:02","date_gmt":"2024-04-15T13:24:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/tesla-to-lay-off-more-than-10-of-global-workforce\/"},"modified":"2024-04-15T09:24:16","modified_gmt":"2024-04-15T13:24:16","slug":"tesla-to-lay-off-more-than-10-of-global-workforce","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/tesla-to-lay-off-more-than-10-of-global-workforce\/","title":{"rendered":"Tesla is planning to reduce its global workforce by over 10%"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">22<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Ftesla-to-lay-off-more-than-10-of-global-workforce%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2221164&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p class=\"readmore\">\n    <button onclick=\"showReadMore()\" id=\"readmorebtn\">Read more&#8230;<\/button>\n<\/p>\n<hr id=\"line\">\n<span id=\"more\"><\/p>\n<div data-td-block-uid=\"tdi_78\">\n<p><a href=\"https:\/\/washingtonexaminer.com\/tag\/tesla\/\" target=\"_blank\" rel=\"noopener\" title=\"Tesla\">Tesla<\/a> said on Monday that it would lay off more than 10% of its global workforce, a major reduction that comes as the <a href=\"https:\/\/washingtonexaminer.com\/tag\/cars\/\" target=\"_blank\" rel=\"noopener\" title=\"automaker\">automaker<\/a> looks to compete with lower-priced offerings from competitors around the world.<\/p>\n<p>The decision was announced in a companywide email from Tesla CEO <a href=\"https:\/\/www.washingtonexaminer.com\/tag\/elon-musk\/\" target=\"_blank\" rel=\"noopener\" title=\"Elon Musk\">Elon Musk<\/a>, who said the layoffs will enable the automaker to \u201cbe lean, innovative and hungry for the next growth phase cycle.\u201d<\/p>\n<p>\u201cAs part of this effort, we have done a thorough review of the organization and made the difficult decision to reduce our headcount by more than 10% globally,\u201d Musk said.<\/p>\n<p>Tesla\u2019s workforce stands at slightly above 140,000 people, meaning the cuts could affect around 14,000 employees.<\/p>\n<p>Tesla reported a drop in sales for the first quarter for the first time in nearly four years.<\/p>\n<p><strong><a href=\"https:\/\/www.washingtonexaminer.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">CLICK HERE TO READ MORE FROM THE WASHINGTON EXAMINER<\/a><\/strong><\/p>\n<p>The electric vehicle maker also reportedly walked back its plans to pivot to a more inexpensive electric vehicle, a longtime goal of Tesla\u2019s and one that investors had seen as a key to driving more EV sales growth in the United States. Musk, though, denied those reports.<\/p>\n<p>Tesla laid off 4% of its workforce in New York last year. The EV maker did not respond to the <em>Washington Examiner\u2019s<\/em> request for comment on the planned layoffs.<\/p>\n<\/p><\/div>\n<p><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>On Monday, Tesla announced a workforce reduction exceeding 10% globally as part of its strategy to stay competitive amidst lower-priced rivals. CEO Elon Musk revealed the decision via a companywide email, citing the layoffs as necessary for Tesla&#8217;s future growth and success in the competitive automotive market<\/p>\n","protected":false},"author":2650,"featured_media":2221165,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/wex-s3.s3.us-east-1.amazonaws.com\/wp-content\/uploads\/2024\/04\/AP24071607059269-1024x683.jpg","fifu_image_alt":"","footnotes":""},"categories":[538],"tags":[],"class_list":["post-2221164","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-washington-examiner"],"fifu_image_url":"https:\/\/wex-s3.s3.us-east-1.amazonaws.com\/wp-content\/uploads\/2024\/04\/AP24071607059269-1024x683.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2221164","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/2650"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2221164"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2221164\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2221165"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2221164"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2221164"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2221164"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}