Home Business Tesla Layoffs Shake Austin: Concerns Rise Over Job Losses

Tesla Layoffs Shake Austin: Concerns Rise Over Job Losses

by Sonia Park
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Tesla Layoffs Shake Austin: Concerns Rise Over Job Losses

Austin, Texas - Tesla's recent announcement of layoffs has sent shockwaves through its workforce in Austin, raising concerns about job stability and the company's future in the region. CEO Elon Musk revealed plans to cut 10% of Tesla's employees due to disappointing sales figures in the first quarter of 2024, with vehicle sales showing a significant year-over-year decline of nearly 9%.

https://youtu.be/Pqrh3o1y8vw

The impact of these layoffs is particularly felt in Houston, where Tesla's Gigafactory is located. Employees at the factory received notifications of their job. . .

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