plans to lay off a tenth of its staff worldwide, it emerged in a memo to employees, underlining the difficulties faced by all car makers, especially those trying to grow their electric vehicle range.
In news that will resonate with staff at X, the social media company previously known as Twitter that Musk bought in 2022, Tesla employees reported being locked out of their emails and work systems, in a sign their roles were being made redundant. Other staff will reportedly have stock reward schemes paused and annual reviews suspended.
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