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Stockreport

Tesla Mass Layoffs Will Include Nearly 2,700 In Texas [Forbes]

Tesla, Inc. (TSLA)  More Company Research Source: Forbes
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
The electric vehicle maker announced mass layoffs to its global workforce on April 15. Tesla will lay off 2,688 workers at its Tesla Headquarters Gigafactory in Austin during a two-week period beginning June 14, according to the April 22 (WARN) Act notice. It's unclear how many of the affected roles are factory workers, but none of the affected employees are represented by a union, according to the notice. The WARN Act requires companies “ ” to provide notice of mass layoffs or plant closures 60 days in advance, according to the Texas Workforce Commission. The notice comes less than a week after Tesla it would be slashing 10% of its global workforce—affecting more than 10,000 employees. Representatives for Tesla did not immediately respond to Forbes' requests for comment. Big Number More than 22,000. That's how many people are employed at Tesla's Gigafactory, according to an April 15 report from the What To Watch For Tesla is to release its first-quarter earning reports [Read more]
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Stockreport

Tesla Mass Layoffs Will Include Nearly 2,700 In Texas [Forbes]

Tesla, Inc.  (TSLA) 
More Company Research Source: Forbes
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
The electric vehicle maker announced mass layoffs to its global workforce on April 15. Tesla will lay off 2,688 workers at its Tesla Headquarters Gigafactory in Austin during a two-week period beginning June 14, according to the April 22 (WARN) Act notice. It's unclear how many of the affected roles are factory workers, but none of the affected employees are represented by a union, according to the notice. The WARN Act requires companies “ ” to provide notice of mass layoffs or plant closures 60 days in advance, according to the Texas Workforce Commission. The notice comes less than a week after Tesla it would be slashing 10% of its global workforce—affecting more than 10,000 employees. Representatives for Tesla did not immediately respond to Forbes' requests for comment. Big Number More than 22,000. That's how many people are employed at Tesla's Gigafactory, according to an April 15 report from the What To Watch For Tesla is to release its first-quarter earning reports [Read more]
IMPACT SNAPSHOT
EVENT TIME:
TSLA
Last Price
Price Change
Price Change %
Volume Shares
Max Up
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Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
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%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS