Tesla, under the leadership of Elon Musk, is facing market challenges and has initiated a workforce restructuring, leading to significant layoffs. The company is reducing its global workforce by over 10%, citing rapid growth that resulted in duplication of roles. Tesla employees have taken to social media to share their experiences, including the sacrifices they made for the company, such as sleeping in their cars to avoid long commutes. Nico Murillo, a former Tesla employee, detailed his five-year journey with the company and his disbelief upon being laid off on April 15th. The company is also preparing to lay off 693 workers at its Sparks, Nevada location. The layoffs come amid declining sales and increased competition in the electric vehicle market. Tesla’s workforce restructuring is a response to these challenges as the company looks to optimize its operations and streamline its workforce.
Tesla Restructures Workforce: Hundreds Laid Off Amid Market Stagnancy
