View Single Post
Old 01-18-2019, 08:37 AM   #1
CaptainCrunch
Norm!
 
CaptainCrunch's Avatar
 
Join Date: Jun 2002
Exp:
Default Tesla lays off 7% of their work force, difficult road ahead

https://www.cnn.com/2019/01/18/busin...usk/index.html




Quote:
esla has announced plans to reduce its full-time workforce by 7% as it works to increase Model 3 production and cut prices.


CEO Elon Musk told workers about the job cuts Friday in a letter that Tesla posted online. The company will only retain the most critical temps and contractors, Musk said.


Musk wrote in the letter that Tesla is "up against massive, entrenched competitors" and must work "much harder than other manufacturers to survive while building affordable, sustainable products."


"To those departing, thank you for everything you have done to advance our mission," he said. "I am deeply grateful for your contributions to Tesla."
__________________
My name is Ozymandias, King of Kings;

Look on my Works, ye Mighty, and despair!
CaptainCrunch is offline   Reply With Quote