Musk’s Tesla announces to cut over 10% of its global workforce

Elon Musk-run Tesla has announced to lay off more than 10 per cent of its global workforce in an internal company-wide email, a media report said on Monday.In the mail, which is seen by Electrek, Musk said that they decided to reduce its headcount globally as it “prepare the company for our next phase of



growth”.

As per the tech billionaire, Tesla’s growth has led to “duplication of roles and job functions in certain areas”.“We have done a thorough review of the organisation and made the difficult decision to reduce our headcount by more than 10 per cent globally. There is nothing I hate more, but it must be done,” Musk wrote in the email.