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Tesla Layoff: Elon Musk's EV maker to lay off 693 employees in Nevada after cars price cuts

Tesla Layoff: Earlier in the week, the company filed the notice with the Nevada Department of Employment, Training, and Rehabilitation in compliance with U.S. labour laws, requiring companies with 100 or more employees to provide 60 days' notice before major layoffs.

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Tesla to lay off 693 employees in Nevada, government notice says

SAN FRANCISCO (Reuters) -Tesla plans to lay off 693 employees at its facilities in Sparks, Nevada, a government notice showed, as part of its plan to cut more than 10% of its global workforce amid dropping sales and rising competition. The notice was submitted to the Nevada Department of Employment, Training, and Rehabilitation earlier this week. A U.S. labor law requires companies with 100 or more employees to notify authorities 60 days ahead of planned closings or mass layoffs.

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Tesla to lay off 693 employees in Nevada, government notice says

Tesla to lay off 693 employees in Nevada, government notice says
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Number of Nevada employers at all-time high

Nevada has set records for six consecutive quarters for the total number of employers, increasing by 1,240 or 1.9 percent in the fourth quarter of 2015, according to figures released Wednesday by the state's Department of Employment, Training and Rehabilitation. This brings the total to 66,900 as of the first quarter of 2016.

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Carson City Nevada News - Carson Now | Your one stop for Carson City news

Carson City Nevada News - Carson Now | Your one stop for Carson City news
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Carson City Nevada News - Carson Now | Your one stop for Carson City news

Carson City Nevada News - Carson Now | Your one stop for Carson City news
carsonnow.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from carsonnow.org Daily Mail and Mail on Sunday newspapers.

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Carson City Nevada News - Carson Now | Your one stop for Carson City news

Carson City Nevada News - Carson Now | Your one stop for Carson City news
carsonnow.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from carsonnow.org Daily Mail and Mail on Sunday newspapers.

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Carson City Nevada News - Carson Now | Your one stop for Carson City news

Carson City Nevada News - Carson Now | Your one stop for Carson City news
carsonnow.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from carsonnow.org Daily Mail and Mail on Sunday newspapers.

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Carson City Nevada News - Carson Now | Your one stop for Carson City news

Carson City Nevada News - Carson Now | Your one stop for Carson City news
carsonnow.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from carsonnow.org Daily Mail and Mail on Sunday newspapers.

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Carson City Nevada News - Carson Now | Your one stop for Carson City news

Carson City Nevada News - Carson Now | Your one stop for Carson City news
carsonnow.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from carsonnow.org Daily Mail and Mail on Sunday newspapers.

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