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Tesla's 10,000-person layoffs have officially begun: 50% of individual departments in China

Tesla's 10,000-person layoffs have officially begun: 50% of individual departments in China

Fast Technology reported on April 17 that according to media reports, Tesla CEO Elon Musk posted on social media platforms that Tesla is simplifying the sales and delivery system because the system has become complex and inefficient.

Musk said that in response to the situation, the company will lay off more than 10% of its global workforce.

Tesla's 10,000-person layoffs have officially begun: 50% of individual departments in China

Based on Tesla's global workforce count, the layoffs will affect more than 14,000 people.

According to people familiar with Tesla China, Tesla's layoffs in China are far more than the 10% announced by Musk, especially the sales department has been hit hard.

The percentage of layoffs varies from department to department, with some departments optimizing by 30 to 40 percent, and some departments even reaching 50 percent.

According to people familiar with the matter, Tesla has communicated with stores about the list of layoffs, and almost every store has people laid off. The compensation standard is N+3, and the resignation procedures are settled on the same day.

Tesla's 10,000-person layoffs have officially begun: 50% of individual departments in China
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