Tuesday, 31 March, 2026
Tesla to Lay Off Over 3,000 Employees in California
By Isha
Tesla plans to lay off more than 3,000 employees in California, indicating ongoing workforce reductions. The decision comes as Tesla aims to streamline its operations and optimize costs. This move is part of broader restructuring efforts by the company in response to various challenges, including production constraints and market dynamics. The layoffs reflect Tesla's strategic initiatives to enhance efficiency and sustain long-term growth.
Read full story at Money Control