Musk clarifies Tesla will lay off 3.5% of total workforce as ex-employees sue company

Source: CNBC

“Elon Musk has sought to clarify how many Tesla workers will lose their jobs, following the launch of a lawsuit by former employees who claim the automaker breached U.S. labor laws. Speaking at an event hosted by Bloomberg Tuesday, Musk said Tesla would reduce its salaried workforce by 10% in the next three months, while at the same time growing the number of hourly employees. … Musk said Tuesday that this meant Tesla’s layoffs announcement would affect around 3.5% of its overall workforce, adding the actual amount was ‘not super material.’ Salaried workers account for about two-thirds of Tesla employees, he added.” (06/21/22)