Tesla Is Getting Rid Of Tons Of Sales Staff [Yahoo! Finance]
General Motors Company (GM)
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Source: Yahoo! Finance
Here are the important stories you need to know. 1st Gear: Tesla Layoffs Include Tons Of Salespeople Yesterday, Tesla announced it was shaving off more than 10 percent of the company , thanks to flagging sales. Today, we're starting to see where those cuts will come from, and it turns out there are a lot of sales folks on the chopping block. From Reuters Tesla's global job cuts include reducing staff in the U.S. and China, the automakers' two biggest markets, across sales, tech, and engineering, five sources briefed on the matter said. Several U.S.-based service centres saw heavy layoffs effective immediately, primarily of sales staff and technicians, one source said. Another location laid off all front-of-house staff, the source said. Two sources said members of Tesla's China sales team were being notified they were being made redundant, with one saying more than 10% were losing their jobs. As someone who went to college for business, I can confirm that this is exactly ho
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