Tesla has announced plans to lay off 6,020 employees in Texas and California. The cuts, part of a broader restructuring strategy, will save the company over $1 billion annually. Tesla will also accelerate the launch of new, more affordable models ahead of schedule.
Tesla is set to lay off 3,332 workers across four cities in California in June, according to Worker Adjustment and Retraining Notification Act (WARN) filings. The job cuts will primarily affect Tesla’s Fremont locations, with 2,267 layoffs planned at a dozen job sites, including the car factory at 45500 Fremont Blvd. Other locations affected include Lathrop, Palo Alto, and Burbank. The company’s main headquarters in Austin, Texas, will also see significant layoffs, with approximately 2,700 job cuts expected. Tesla had previously announced plans to reduce its workforce by more than 10% globally, citing a review of the organization. Despite the layoffs, Musk emphasized that Tesla has created 30,000 manufacturing jobs in California.
Tesla announced plans to lay off 6,020 employees in a massive workforce reduction. The layoffs, revealed in WARN notices, will primarily impact Tesla’s Austin and California operations. This move comes as the company faces its biggest revenue decline since 2012, with a 9% drop in first-quarter revenue year-over-year. Despite the layoffs, Tesla highlights its creation of 30,000 manufacturing jobs in California over the past 14 years.
Tesla, led by Elon Musk, announced plans to lay off 6,020 employees, including 2,688 in Austin and 3,332 in California. The layoffs come amid a 9% drop in first-quarter revenue, marking the company’s biggest decline since 2012. Despite the layoffs, Musk boasted about Tesla creating 30,000 manufacturing jobs in California over the past 14 years.
Stellantis, the parent company of Jeep, announced plans to lay off an unspecified number of workers at its U.S. factories in the coming months. This decision stems from a rapidly changing global auto market and increased capital spending for the transition to electric vehicles. Despite recent declines in U.S. sales and higher labor costs, Stellantis emphasized that these actions are necessary to enhance productivity and ensure long-term sustainability. While exact details and reasons for the layoffs remain undisclosed, Automotive News reported that 199 workers were laid off at the Ram pickup truck factory in Michigan.
Amidst industry funding challenges, Flaming Fowl Studios has released a demo for their new game, Ironmarked, while laying off over half its staff. The studio, founded by former Lionhead employees, has faced challenges securing funding after their publisher dropped the project in 2023. Despite the setbacks, Flaming Fowl hopes the Ironmarked demo will attract interest and support from the gaming community.
Wisconsin-based Plexus is closing its Gresham, Oregon factory, laying off 75 workers by mid-October. The company provides manufacturing services to industries including electronics, aerospace, and life sciences. Plexus did not provide a reason for the closure. Oregon’s unemployment rate has risen to 4.2% in March, with several employers announcing layoffs, including Intel’s planned closure near Beaverton.
Tesla is eliminating around 12% of its workforce at a factory in Austin, Texas, as part of a broader restructuring announced last week. The layoffs affect 2,688 employees at the facility in Travis County, according to a Worker Adjustment and Retraining Notification (WARN) Act letter on Tuesday. Tesla CEO Elon Musk said in an internal memo last week that Tesla was cutting more than 10% of its global headcount as the electric vehicle maker reckons with flagging sales and increased competition. He didn’t say which departments or locations would be most impacted.
Tesla has announced layoffs of 2,688 employees at its Texas factory in Austin. The layoffs are part of a larger round of job cuts that will affect over 10% of the company’s workforce globally. The layoffs in Texas are scheduled to begin on June 14th and will include both hourly and salaried employees. Tesla has cited falling sales and intense price competition as reasons for the layoffs.
Spanish cava producer Freixenet has announced plans to temporarily lay off 615 workers, nearly 80% of its workforce, due to a severe drought in the Penedes area of Catalonia. The measure is expected to take effect in May, and the company has not specified the duration of the layoffs. This makes Freixenet one of the first companies in Catalonia to respond to the region’s worst drought on record with a layoff plan.
