Li Auto Implements Substantial Workforce Reduction Amid Sales Forecast Adjustment

Li Auto is reportedly undergoing a significant workforce reduction, affecting approximately 18% of its employees, totaling over 5,600 individuals. The downsizing efforts are particularly notable […]

Tesla to Cut Over 6,000 Jobs Worldwide Amidst Declining EV Sales and Profit Drop

Tesla is planning to lay off 693 employees at its Nevada facilities as part of a broader 10% reduction in its workforce, announced earlier this […]

Turbulence at Tesla: Job Cuts, Executive Departures, and Strategic Shifts Shake EV Giant

Tesla’s premarket shares dropped by 2.35% after confirming substantial job cuts and the departure of key executives. The electric vehicle (EV) giant disclosed plans to […]