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 […]
Tag: workforce reduction
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 […]