Tesla Cutting Headcount 9% As Part Of Company-Wide Restructuring Plan

Tesla Cutting Headcount 9% As Part Of Company-Wide Restructuring Plan

Tesla CEO Elon Musk announced several weeks back that Tesla’s leadership was working on a restructuring plan that would flatten the company hierarchy in an attempt to make the overall company more efficient.

Today, he shared his full email to employees on Twitter, which detailed the first of many concrete actions Tesla is taking towards the new hierarchy.

The headline heard around the world this week is that Tesla is letting 9% of its employees go.

CleanTechnica

https://cleantechnica.com/2018/06/12/tesla-cutting-headcount-9-as-part-of-company-wide-restructuring-plan/

Tesla will cut 9% of its workforce to “eliminate bureaucracy and move faster” – Quartz

https://qz.com/1303746/elon-musk-says-tesla-will-cut-9-of-its-workforce/amp/

Tesla will lay off about 9% of its employees – Business Insider

http://www.businessinsider.com/tesla-to-layoff-up-to-9-of-its-employees-2018-6?utm_source=feedly&utm_medium=referral