Tesla Layoffs 2024 Texas

Tesla Layoffs 2024 Texas. A crucial august jobs report that could determine how much the federal reserve cuts interest rates in september awaits investors in the week ahead. Ev maker tesla is cutting thousands of jobs in texas and california, according to filings.

Plans to cut more than 6,000 jobs across texas and california as part of chief executive officer elon musk’s demand to slash more than 10% of the global workforce. Two senior executives also resigned.