Tesla announces a 10% discount: here’s why

Tesla is laying off more than 10% of its workforce worldwideThis is what Bloomberg reported in an email sent to employees where Elon Musk explains that the plan is based on some events and duplication of tasks but above all the need to reduce costs: “As we prepare for the next phase of our growth, it is very important to look at every aspect of the company to reduce costs and increase productivity. “, explains Musk. “As part of these efforts, we have conducted a thorough organizational review and made the difficult decision to reduce our workforce by more than 10% globally.†.

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Number in hand, the company has more than 130 thousand employees worldwide: the possibility of a reduction of 10% is equal to at least 14 thousand layoffs.. But the numbers also say so Recent sales are down, for the first time in four years, Tesla says.

Additionally, as reported by Bloomberg, senior vice president Drew Baglino and vice president of public policy and business development Rohan Patel have left the company.

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