Another round of layoffs by electric vehicle leader Tesla Inc (NASDAQ:TSLA) is circling, which comes as the company has held several sets of layoffs in recent weeks.
What Happened: Tesla has rattled the market with several recent rounds of layoffs announced across various divisions like Supercharger networks and advertising.
Over the weekend, Tesla completed more layoffs, according to a report from Electrek.
The move follows a plan from Tesla to cut around 10% of its workforce. Other sources say the layoff totals could represent around 20% of the company's employees.
According ...