The electric vehicle maker’s latest cuts will hit the local workers hard, including those based at its Fremont factory and its former headquarters in Palo Alto
The Texas-based company last week announced plans to cut 10% of its global workforce, which numbered 140,473 people as of the end of last year. The electric vehicle maker revealed the number of people it plans to cut in the Bay Area and in California as part of a series of letters Rissa Royal, its manager of people operations, sent to state and local officials Monday.
Details about the company's latest cuts came on the same day it announced its first-quarter results. The automaker's earnings fell 55% from the year-ago period to $1.1 billion as its sales fell 9% to $21.3 billion. Ex // Top Stories Can eco-entrepreneurs save downtown San Francisco – and the world? Yes SF, a World Economic Forum program, is backing 14 environmentally focused startups to help revitalize downtown San Francisco
Tesla is making its biggest cuts at its factory in Fremont, where it is letting go of 1,452 people alone. That plant was Tesla’s original manufacturing facility, which it purchased from a joint venture of Toyota and General Motors in 2010.
Fremont Manufacturing Electric Vehicles Ev Layoffs
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Bay Area bounces back with job gains in March, led by South Bay hiringThe job markets in the Bay Area and California powered to robust job gains in March.
Read more »
Did Democratic Bay Area congressman encourage East Bay mega-donor to join RFK Jr. ticket?Shanahan says Khanna encouraged her to run before publicly calling for her to drop out, but the Santa Clara congressman said he’d cautioned her that her candidacy would hurt issues she’…
Read more »
Sideshows sweep across Bay Area overnight, land on Bay BridgeOne person was injured in a string of sideshows that took place in at least four cities across the Bay Area Saturday night into Sunday morning, the Mountain View Police Department confirmed to KTVU.
Read more »
Tesla settles with Apple engineer's family who said Autopilot caused fatal Bay Area crashWalter Huang was killed when his Tesla struck a concrete highway median in Silicon Valley on March 23, 2018. The National Transportation Safety Board, in its investigation, found that Autopilot was engaged for nearly 19 minutes before the fatal crash, when the car, traveling at 71 mph, veered off the highway.
Read more »
Tesla settles with Apple engineer's family who said Autopilot caused fatal Bay Area crashWalter Huang was killed when his Tesla struck a concrete highway median in Silicon Valley on March 23, 2018. The National Transportation Safety Board, in its investigation, found that Autopilot was engaged for nearly 19 minutes before the fatal crash, when the car, traveling at 71 mph, veered off the highway.
Read more »
Tesla enlists Apple to prove Bay Area driver in fatal crash was gamingLawyers for the family of Walter Huang, an engineer who was killed on his commute to work, say his former employer is “secretly” maneuvering to support Tesla’s attempt to blame distracted driving f…
Read more »