Tesla Lays Off Over 10% of Staff as Elon Musk Claims 'It Must Be Done'

From PC Mag: Tesla is laying off over 10% of its global workforce, or roughly 14,000 jobs, according to an internal email CEO Elon Musk reportedly sent to staff.

Musk's email states that Tesla's growth led to some job "duplication." The executive said "cost reductions" are also necessary for the company's future success.

"There is nothing I hate more, but it must be done," Musk wrote. "This will enable us to be lean, innovative, and hungry for the next growth phase cycle."

The memo was first reported by Electrek on Monday, which says some laid-off Tesla employees have already been locked out of the company's systems. BBC also reports that laid-off employees are locked out of their emails, citing one anonymous employee who had been let go.

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