Tesla cutting more than 2,700 Bay Area workers

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Tesla News

Fremont,Manufacturing,Electric Vehicles

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.

 

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