Tesla continues to shed employees as the company plans to layoff 2,700 employees from Giga Texas alone, according to a Worker Adjustment and Retraining Notice (WARN) submitted to the authorities.
Information contained in the notice shows that 2,688 workers will be forced to leave Tesla from June 14th. Companies with more than 100 workers in the US are required to post about impending closing down or layoffs 60 days in advance to help the affected workers prepare.
This recent round of job cuts affects Tesla’s headquarters, which has been based in Austin, Texas, since 2021.
Tesla had over 140,000 employees by the end of 2023, about 10 percent more than in 2022.
Elon Musk has said the layoffs are necessary to prepare the company for its next growth phase, which will be spearheaded by the introduction of new more affordable models. Those models weren’t expected to arrive until late 2025 at the earliest, but in a surprise announcement yesterday Tesla said they have bumped up their launch to as soon as later this year of early 2025.