Billionaire says ‘there is nothing I hate more’ than cutting staff as more than 10% of workforce to be affectedBusiness live – latest updatesTesla is laying off more than 10% of its global workforce, equivalent to at least 14,000 roles, as the electric carmaker reacts to slowing demand and pressure on prices.The chief executive, Elon Musk, announced “the difficult decision” in a memo first reported by the online publication Elektrek. Tesla employs 140,473 people, according to its annual report.... Read this story
