Specifically, the letter Elon Musk sent to employees has the following content:
" Over the past few years, we have grown rapidly with multiple factories expanding globally.
With this rapid growth, there has been duplication of roles and job functions in certain areas. As we prepare the company for the next phase of growth, it is extremely important to consider every aspect to reduce costs and increase productivity.
As part of this effort, we conducted a thorough review of our organization and made the difficult decision to reduce our global headcount by more than 10%. This was something I hated doing, but it had to be done. This allows us to be leaner, more innovative, and more hungry for the next phase.
I want to thank all of those who are leaving Tesla for their hard work over the past few days. I am incredibly grateful for your contributions to our mission and we wish you all the best in your future opportunities. It is difficult to say goodbye.
To the rest of us, I thank you in advance for the hard work ahead. We are developing some of the most revolutionary technologies in cars, energy, and artificial intelligence. As we prepare the company for the next phase of its growth, your commitment will make a huge difference.
Thank.
Elon."
Source: BI
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