Tesla is cutting seven percent of its full-time employee headcount, Elon Musk announced in a company-wide email. The layoffs are expected to affect around 3,000 employees, based on Tesla’s estimated workforce of 45,000 people.
In addition to the cuts, which come after the company’s headcount increased by 30 percent last year, Musk also announced that the company would be retaining, “only the most critical temps and contractors.” The move comes just a day after Tesla said it would be ending its customer referral program in an effort to cut costs.
