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home / articles / tesla layoffs to continue through june morale low am mwn benzinga


TECH - Tesla Layoffs To Continue Through June Morale Low Among Workers | Benzinga

Tesla Inc. (NASDAQ:TSLA) employees are fearful as the rolling layoffs are expected to continue through at least June.

Over a month into CEO Elon Musk's plan to cut at least 10% of the workforce, the process is ongoing, causing employees to anxiously check their messages daily, uncertain of their job security. 

Former Tesla sales representative Michael Minick, who was laid off in April, shared his experience on LinkedIn, describing the constant fear and uncertainty among employees, reported Bloomberg.

"It's difficult to imagine the feeling of walking on eggshells every day at work," Minick wrote. 

The company's workforce has undergone significant changes, with a focus now on projects like artificial intelligence and robotics rather than solely on electric vehicles.

Current employees say Musk's emphasis on a robotaxi over a $25,000 electric vehicle has dampened morale, Bloomberg report notes. 

The company laid off 693 employees at its Nevada ...

Full story available on Benzinga.com

Stock Information

Company Name: Bio-Techne Corp
Stock Symbol: TECH
Market: NASDAQ
Website: bio-techne.com

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