Tesla has announced layoffs affecting “more than 10%” of its global workforce, according to an internal memo from CEO Elon Musk.
According to an email sent to impacted workers ,Tesla writes that the decision “was not made lightly,” adding that the layoffs are effective immediately, as of Sunday.
The email also says that affected workers will be receiving information about severance, benefits continuation and other separation documents within 48 hours. Additionally, Tesla writes that the company’s team would be available to answer any questions about the situation.
You can read the full email from Tesla notifying workers of the layoffs below.
Dear Employee,
Today we’re sharing a significant decision that impacts the entire organization, and you directly.
Over the years, we have grown rapidly with multiple factories scaling around the globe. With this rapid growth there has been duplication of roles and job functions in certain areas. As we prepare the company for our next phase of growth, it is extremely important to look at every aspect of the company for cost reductions and increasing productivity.
As part of this effort, we have done a thorough review of the organization and made the difficult decision to reduce our headcount globally. Unfortunately as a result, your position has been eliminated by this restructuring.
Please know this decision was not made lightly, and we are deeply grateful for the hard work and dedication during your time with us.
Your last working day will be today, April 14, 2024. Effective now, you will not need to perform any further work and therefore will no longer have access to Tesla systems and physical locations.
We understand this news is difficult and are committed to supporting you through this transition. You will receive detailed information regarding severance packages, benefits continuation, and separation documents within 48 hours. Our team will be available to answer any questions you may have and provide support as needed.
Sincerely,
Tesla