Tesla isn’t done with laying off workers.
According to reports from Business Insider and Electrek, Elon Musk’s EV car company laid off more employees over the weekend. With these latest cuts, Tesla has now entered its fourth week of layoffs.
It’s unclear just how many workers lost their jobs at Tesla in this latest round of layoffs. At least seven employees have confirmed being laid off from their jobs in Tesla’s software, services, and engineering departments.
“After watching my team gradually slimmed down week after week since mid-April, I received the dreaded ‘Hello Employee’ email this Sunday afternoon,” according to a LinkedIn post from a now-former Tesla employee (via Business Insider).
Tesla’s bad year
Tesla’s first quarterly report of the year saw the company’s earnings tumble by nine percent, falling well short of what experts and analysts predicted. Tesla sales and profits have dropped by around 50 percent year-over-year.
Then, just last month, Tesla issued a recall for its new Cybertruck after consumers reported a very serious issue where the acceleration pedal could get stuck on the vehicle. Unlike most other Tesla recalls where the company can just issue a software update, this Cybertruck recall requires physical service for all 3,878 Cybertrucks that have already been delivered to customers.
In addition, the issue caused Tesla to temporarily halt Cybertruck production and deliveries.
Tesla’s 2024 layoffs…so far
Tesla’s layoffs began in mid-April as the company set out to cut around 10 of its 140,000 member workforce to deal with the company’s issues. Around 14,000 people were laid off in that round of cuts.
However, shortly after those layoffs, it was reported that Musk was looking to cut closer to 20 percent of Tesla’s workers. Musk said he wanted Tesla to get “absolutely hardcore about headcount and cost reduction.”
Just last week, Tesla laid off yet another round of workers. This time, however, Tesla gutted an entire team. Around 500 employees in Tesla’s “Supercharger” charging network division were laid off from the company.
While it seems this latest round of layoffs is much smaller than the previous ones so far, it also suggests that Tesla is not quite done with getting “absolutely hardcore” when it comes to cuts.
