Elon Musk Confirms 10 Percent Layoff in Tesla, Paused Hirings Ahead of Expected US Recession

Chris K

Chris K

Chris K
Staff member
Jul 3, 2023
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Tesla's CEO Elon Musk has confirmed that the company will soon see a 10 percent cut in salaried staff at the electric car maker over three months. He also predicted a US recession was more likely than not.

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