Tesla Layoffs 2024 Reddit Usa. However, when tesla announced the layoffs, their stock value took a 5% hit, wiping out about $25 billion in market capitalization. Companies like tesla, amazon, google, tiktok, snap and microsoft have conducted sizable layoffs in the first months of 2024.
Why didn’t tesla phase out these positions gradually to avoid such a massive immediate drop in stock. Now, we hear of yet another round of layoffs at tesla.
