Tesla to lay off nearly 2,700 employees in Texas factory, notice shows
The logo of a Tesla electric vehicle is placed on a car outside a dealership in Drogenbos, Belgium November 25, 2023. REUTERS/Yves Herman/File Photo
Tesla opens new tab will lay off 2,688 employees at its Texas factory, the electric vehicle maker said in a Worker Adjustment and Retraining Notification (WARN) notice.
The notice was issued under the WARN Act, a U.S. labor law that requires companies with 100 or more employees to notify 60 days ahead of planned closings or mass layoffs.
Under pressure from falling sales and an intensifying price war, Tesla announced another round of layoffs last week, cutting more than 10% of jobs.
The global job cuts include 285 employees in Buffalo, New York.
Tesla's notice said that the
layoffs will start on June 14.
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