Tesla to cut 10% of salaried staff, Elon Musk says
Published: Jun. 22, 2022 at 11:09 AM EDT
(CNN) - Tesla CEO Elon Musk said the company is moving ahead with plans to lay off about 10% of its salaried staff.
But he also said he expects Tesla’s overall workforce to be larger in a year than it is now.
In a video Tuesday, he said the company grew a little too fast in some areas, so the layoffs are needed.
But he said a year from now he expects their headcount to be higher than it is now, for both salaried and hourly workers.
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