Tesla To Cut Salaried Workforce By 10% Over Next 3 Months, Says Musk

Tesla To Cut Salaried Workforce By 10% Over Next 3 Months, Says Musk

DUBAI (Reuters) – Electric carmaker Tesla will reduce its salaried workforce by roughly 10% over the next three months, Chief Executive Elon Musk said on Tuesday.

The cuts would amount to about a 3.5% reduction in total headcount at the company, Musk said at the Qatar Economic Forum organised by Bloomberg.

(Reporting by Andrew Mills, Hyun Joo Jin and Yousef Saba; Editing by David Goodman)