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Tesla to cut 9 percent of jobs: Bloomberg

Posted by: Admin | Posted on: June 12th, 2018 | 0 Comments

(Reuters) – Tesla Inc is planning to cut about 9 percent of jobs across the company, Bloomberg reported on Tuesday.

FILE PHOTO: The front hood logo on a 2018 Tesla Model 3 electric vehicle is shown in this photo illustration taken in Cardiff, California, U.S., June 1, 2018. REUTERS/Mike Blake

The cuts will not affect ability to reach Model 3 production targets in the coming months, the report said here, giving no further details.

Tesla was not immediately available for comment.

Reporting by Laharee Chatterjee in Bengaluru; Editing by Saumyadeb Chakrabarty

Article source: http://feeds.reuters.com/~r/reuters/businessNews/~3/EiVGaWlreuA/tesla-to-cut-9-percent-of-jobs-bloomberg-idUSKBN1J82EI

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