Tesla Layoffs 2024 Reddit. However, when tesla announced the layoffs, their stock value took a 5% hit, wiping out about $25 billion in market capitalization. Tesla management told employees monday that the recent layoffs — which gutted some departments by 20% and even hit high performers — were largely due to.

Tesla management told employees monday that the recent layoffs — which gutted some departments by 20% and even hit high performers — were largely due to. As of april 2024, electric carmaker tesla has been laying off 10% of its workforce in waves, after asking managers to identify which employee roles on their.