Tesla added twice as many employees in 2018 as it now plans to cut (TSLA)

Business Insider
By Prachi Bhardwaj and Jenny ChengJun 13, 2018, 5:07 pm122 pts
Tesla CEO Elon Musk confirmed on Tuesday that the company will be laying off 9% of its employees in order to save costs and streamline organizational processes. This year, Tesla added 8,000 employees to bring its total to 46,000 according to various reports. At 9%, it's cutting a little over 4,000 employees…

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