Elon Musk to cut 9% of workforce in Tesla push for profit

Company chief says thousands of jobs must go in ‘difficult but necessary’ restructuring

Tesla
The job cuts are expected to mainly affect ‘salaried workers’
(Image credit: Patricia de Melo Moreira/AFP/Getty Images)

Tesla chief executive Elon Musk has announced that the electric car firm is cutting 9% of of its more than 40,000-strong workforce in a bid to “become profitable”.

In an internal memo that he later posted on his Twitter account, the South African-born billionaire said that the “difficult but necessary” move was necessary to tackle the “duplication of roles” resulting from the firm’s rapid expansion.

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