layoffs
Elon Musk has informed Tesla employees of plans to cut 14,000 jobs globally, aiming to enhance operational efficiency and prepare for future growth phases
The wind turbine maker has said this is the result of restructuring its operating model
The manufacturer decided to consolidate three factories in Colorado
The cuts across various departments will happen by 2025
The layoffs will affect employees at the oil giant’s management offices in Houston, Texas
Most of the job losses will come in Denmark as the wind turbine supplier halts a number of technology projects