Current:Home > StocksTesla laying off 316 workers at Buffalo, New York facility amid global staff reductions -OceanicInvest
Tesla laying off 316 workers at Buffalo, New York facility amid global staff reductions
View
Date:2025-04-16 20:14:56
Tesla is planning to lay off 316 workers at its Buffalo, New York site as Elon Musk's company has sought to slash its global workforce amid highly-publicized revenue drops, vehicle recalls and price cutting.
Inits latest filing with the New York State Department of Labor, Tesla indicated that five more employees are expected to be laid off beginning Aug. 1 at the Buffalo plant. The notice was filed Friday and made public Tuesday.
Prior to its most recent notice, Tesla had already indicated that more than 300 employees in Buffalo, New York would be targeted for layoffs this summer. The filing was posted under the WARN Act, a U.S. labor law that requires employers with 100 or more employees to provide 60 days notification in advance of planned closings or mass layoffs to protect workers and their families
A total of 2,025 employees work at the Buffalo plant, according to the latest WARN notice.
The news comes a week after Tesla laid off two executives and nearly 500 employees on its EV charging team amid publicized plans for the company to reduce its global workforce by 10%.
Tesla layoffs:Tesla lays off charging, new car and public policy teams in latest round of cuts
Tesla previously announced 10% reduction in workforce
The tech giant announced in mid-April that it would lay off 10% of its global workforce to eliminate "duplication of roles and job functions in certain areas" amid its rapid growth, Musk said in a memo obtained by Electrek and CNBC.
"As we prepare the company for our next phase of growth, it is extremely important to look at every aspect of the company for cost reductions and increasing productivity," Musk said in the memo.
Since the memo came to light, it's been revealed that Tesla is planning to lay off nearly 2,700 workers at its Austin, Texas factory in June, along with 2,735 workers in the Bay Area, the San Francisco Chronicle reported.
Last week, the company announced that it would be cutting almost its entire supercharging team. "A few" of those charging team employees were to be reassigned to other teams, according to The Information.
"Hopefully these actions are making it clear that we need to be absolutely hard core about headcount and cost reduction," CEO Elon Musk wrote in an email to company executives, according to The Information. "While some on exec staff are taking this seriously, most are not yet doing so."
The layoffs came amid an April company earnings call, where a drop in year-over-year revenue was announced for the first time since 2020 amid layoffs, recalls, price cutting and a fight over a potential $56 billion pay package for Musk.
During the same tumultuous week, the company recalled nearly 4,000 Cybertrucks over a defect with the accelerator causing it to get stuck when pressed, increasing the risk of crash. This covers all the trucks Tesla has sold since the vehicle reached market in November.
Eric Lagatta covers breaking and trending news for USA TODAY. Reach him at [email protected]
veryGood! (159)
Related
- EU countries double down on a halt to Syrian asylum claims but will not yet send people back
- Powerball balloons to $1.55 billion for Monday’s drawing
- 2024 Toyota Grand Highlander 'long-trip 3-row midsize SUV' bigger, better than predecessor
- Here's what is open and closed on Columbus Day/Indigenous People's Day
- Pregnant Kylie Kelce Shares Hilarious Question Her Daughter Asked Jason Kelce Amid Rising Fame
- It’s now a 2-person Mississippi governor’s race, but independent’s name still appears on ballots
- Why Brooke Burke Was Tempted to Have “Affair” With Derek Hough During DWTS
- Ohio social worker accused of having sexual relations with 13-year-old client
- Former Syrian official arrested in California who oversaw prison charged with torture
- NFL Week 5 winners, losers: Mike McCarthy, Cowboys get exposed by 49ers
Ranking
- McConnell absent from Senate on Thursday as he recovers from fall in Capitol
- It’s now a 2-person Mississippi governor’s race, but independent’s name still appears on ballots
- Jets, OC Nathaniel Hackett get last laugh in win against Sean Payton, Broncos
- 'Tenant from hell'? Airbnb owner says guest hasn't left property or paid in 18 months
- Bill Belichick's salary at North Carolina: School releases football coach's contract details
- 43 Malaysians freed from phone scam syndicate in Peru were young people who arrived a week earlier
- Bachelorette's Michelle Young Seemingly Debuts New Romance After Nayte Olukoya Breakup
- Harvard professor Claudia Goldin awarded Nobel Prize in Economics
Recommendation
Meet the volunteers risking their lives to deliver Christmas gifts to children in Haiti
Skydiver dead after landing on lawn of Florida home
Did the sluggish Bills botch their travel plans to London before loss to Jaguars?
Sudan and Iran resume diplomatic relations severed 7 years ago, promising to ‘open embassies soon’
Juan Soto praise of Mets' future a tough sight for Yankees, but World Series goal remains
Israeli and Palestinian supporters rally across US after Hamas attack: 'This is a moment to not be alone'
UN airs concerns for civilians as Israel steps up military response in Gaza to deadly Hamas attacks
Las Vegas-area teachers union challenges law prohibiting members from striking