May 6, 2024 2:25 am
Tesla to lay off 2,688 employees in restructuring effort

Tesla, an electric vehicle manufacturer, has announced plans to lay off 2,688 workers from its Texas plant. The notice of the upcoming layoffs was issued under the Worker Adjustment and Retraining Act (Warn Act), which requires a company with more than a hundred workers to provide 60 days’ notice of a planned closure or mass layoff. According to Tesla’s notice, the layoffs will begin on June 14.

Investor and CEO of Tesla Elon Musk had previously announced that on August 8, an unmanned taxi would be presented to consumers.

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