It seems that the reduction of workers involving the technology industry continues again this April. Recently, Tesla is reported to be cutting more than 10% of their employees worldwide. The reduction of these employees was announced in an internal memo of the Tesla company.
Elon Musk through the memo stated that the reduction of these employees will make them more innovative for the next phase of development.
The reduction in Tesla employees comes after Tesla announced less encouraging numbers in terms of vehicle production. For now, Tesla has not issued any official comment regarding the reduction of these employees, apart from only the announcement through an internal memo of the company.
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BUSINESS & MONEY