Tesla to cut 285 employees

17:21 - 18.04.2024

April 18, Fineko/abc.az. American car company Tesla to lay off 285 employees.

ABC.AZ reports that the reduction will be carried out at the plant in Buffalo.

Thus, company's staff will be reduced by 14%. Their reduction will begin on July 15.

The reason for the cuts is economic.

On April 15, Tesla announced that it would cut more than 10% of its workforce worldwide.

In addition, senior vice president Andrew Balino, a veteran of the company, who, according to Dan Ives, an analyst at Wedbush, is a key figure in some projects, is leaving the company.