Current:Home > InvestTesla laying off 316 workers at Buffalo, New York facility amid global staff reductions -Global Finance Compass
Tesla laying off 316 workers at Buffalo, New York facility amid global staff reductions
View
Date:2025-04-18 22:59:40
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 elagatta@gannett.com
veryGood! (8756)
Related
- Meet first time Grammy nominee Charley Crockett
- Cheryl Burke Says She Wasn't Invited to Dancing With the Stars' Tribute to Late Judge Len Goodman
- The UAW's decade-long fight to form a union at VW's Chattanooga plant
- Houston’s next mayor has big city problems to fix. Familiar faces want the job
- Israel lets Palestinians go back to northern Gaza for first time in over a year as cease
- Biden says Hamas attacked Israel in part to stop a historic agreement with Saudi Arabia
- All-time leading international scorer Christine Sinclair retires from Team Canada
- Cleveland museum sues to stop seizure of statue believed to depict Marcus Aurelius
- Nearly 400 USAID contract employees laid off in wake of Trump's 'stop work' order
- Misinformation & uninformed comments are clogging war coverage; plus, Tupac's legacy
Ranking
- Travis Hunter, the 2
- Amid concern about wider war, Americans give mixed reactions to Biden's approach toward Israel-Hamas conflict
- 'The Golden Bachelor' recap: A faked injury, a steamy hot tub affair and a feud squashed
- DeSantis allies ask Florida judge to throw out Disney’s counterclaims in lawsuit
- B.A. Parker is learning the banjo
- UAW chief to say whether auto strikes will grow from the 34,000 workers now on picket lines
- Britney Spears Sets the Record Straight on Wild Outings With Paris Hilton and Lindsay Lohan
- Youth football team suspended after parent allegedly shoots coach in front of kids
Recommendation
Trump suggestion that Egypt, Jordan absorb Palestinians from Gaza draws rejections, confusion
5 Things podcast: Orthodox church in Gaza City bombed; Biden urges support for Israel
High mortgage rates dampen home sales, decrease demand from first-time buyers
The Big 3 automakers now have record offers on the table. UAW says they can do more
Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
School crossing guard fatally struck by truck in New York City
A bad apple season has some U.S. fruit growers planning for life in a warmer world
Woman’s dog accidentally eats meth while on walk, she issues warning to other pet owners