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Tesla To Cut 10% Of Global Workforce Due To Sales Drop - Creative Media News
The global personnel of electric vehicle manufacturer Tesla is expected to be reduced by more than 10 per cent, according to a memo distributed to staff members by CEO Elon Musk. Due to the "duplication of roles and job functions in certain areas" that resulted from the company's rapid global expansion, Musk informed employees via email on Monday that the reductions were essential.