Tesla aims to cut 400 jobs in Germany via voluntary programme [Reuters]
Tesla, Inc. (TSLA)
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Source: Reuters
, opens new tab on Tuesday said it was targeting 400 job cuts at its German gigafactory near Berlin, adding the plan was to achieve this through a voluntary programme instead of forced layoffs. "The currently weakening sales market for electric cars is also presenting Tesla with challenges," the company said in a statement, adding talks were being held with the plant's works council about the cuts. Stay up to date with the latest news, trends and innovations that are driving the global automotive industry with the Reuters Auto File newsletter. Sign up here. Reporting by Ilona Wissenbach; Writing by Christoph Steitz; Editing by Miranda Murray Our Standards: The Thomson Reuters Trust Principles. New Tab , opens new tab
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