CNBC reports:
Tesla will lay off more than 10% of its global workforce, according to a memo sent to employees by CEO Elon Musk.
The company’s shares were down 3% on Monday morning.
“As we prepare the company for our next phase of growth, it is extremely important to look at every aspect of the company for cost reductions and increasing productivity,” Musk said in the memo obtained by CNBC.
“As part of this …
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