Tesla to cut 601 job at Bay Area facilities, a sign of more problems for the EV maker

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Tesla says it will cut 601 jobs in the Bay Area in another round of layoffs amid problems with its Cybertruck, flagging sales and declining stock price.

In the fifth straight week of layoff announcements, Tesla said it is now concentrating on reducing staff at its Bay Area facilities as part of a larger move to cut jobs globally. State filings show that Tesla is planning to lay off 378 employees at its Fremont facilities and 233 at its Palo Alto offices. The layoffs will occur over a 14-day period starting June 20. An email to Tesla officials requesting comment was not immediately returned.

The San Francisco Chronicle reported they would include technicians, electricians, software engineers, plumbers and athletic trainers. Before this latest round, Telsa in April announced 3,332 layoffs at its facilities and offices in Fremont, Palo Alto, Burbank and Lathrop. Earlier that month, Musk had announced in an email to staff that Tesla was laying off more than 10% of its workforce, citing job overlap and the needs to reduce costs.

 

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