Tesla Mass Layoffs Will Include Nearly 2,700 In Texas [Forbes]
Tesla, Inc. (TSLA)
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Source: Forbes
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
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TSLA
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- 4/23/24 - Beat
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- 4/30/24 - Form PX14A6G
- 4/29/24 - Form DEFA14A
- 4/29/24 - Form ARS
- TSLA's page on the SEC website