Musk: Tesla to cut salaried workforce over months ahead

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DPA

Tesla is to cut its salaried workforce my around 10% over the coming three months, while increasing the number of workers paid by the hour over the longer term, company chief executive Elon Musk told the Qatar Economic Forum by videolink on Tuesday. “A year from now, I think our headcount will be higher both in salaried and hourly” workers, but for now the headcount reduction will be 3% to 3.5%,” Musk said in an interview with an editor for the Bloomberg news agency. The company employed just under 100,000 at the start of the year. “We expect to grow our hourly workforce. We grew very fast on …

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