Austin, May 7: Tesla layoffs have been implemented for weeks, leading to thousands of people losing their jobs. The layoffs at Tesla began in mid-April 2024. The Elon Musk-run EV maker announced it would cut 10% of its global workforce due to declining sales and price wars between electric vehicle competitors. Amid the ongoing layoffs, a report said that the company revoked the summer internship offer of an Indian student.
The Indian student whose summer internship was revoked reportedly said that he would strike back hard and take it as a challenge, according to a report by India Today. The report highlighted that the Indian student was excited to start his summer internship, but his offer was revoked due to the Tesla layoffs. Despite getting his internship revoked, he reportedly called it a small hurdle in his professional journey. He said to strike back, taking it as a challenge. The Indian student said he was open to any roles about AI roles, Full Stack or software for the summer, fall of 2024 and spring of 2025 internships. Tesla Layoffs: Elon Musk-Run Automaker Announces Fresh Job Cuts in Engineering, Software and Services Departments.
The Tesla layoffs recently made headlines as Elon Musk announced multiple job cuts. Some employees were laid off at Tesla via email notifications, which asked them to stop coming to the company from the very next day. The layoffs reportedly sparked fear among other employees within the company and in the industry. Some employees affected by the Tesla job cuts and received layoff emails took LinkedIn as a platform to share their experiences. Hiring in India 2024: Hospitality, Oil & Gas and FMCG Sectors Witnessed Surge in Job Hiring in April 2024, Says Report.
Elon Musk started laying off employees due to job functions being overlapped in some departments. Soon, the Tesla layoffs affected more departments, including senior management roles. The department reportedly included the Supercharging team, marketing, recruitment, and others. Recently, the Tesla sacking caused 500 people to leave their jobs with the Supercharging team. The affected employees were also denied access to the Tesla facilities. Tesla's EV sales declined, and it resulted in Elon Musk's company delivering fewer numbers than expected. In the fresh round of job cuts, Elon Musk's Tesla laid off people from engineering, software and service departments.
(The above story first appeared on LatestLY on May 07, 2024 06:06 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).