The workforce reduction has taken place is the U.S audit division
Read MoreThe restructuring has led to the layoff of dozens of employees at Yuanjing, impacting its operations in Shanghai and Hangzhou
Read MoreThe job cuts will take place primarily within the automotive supply sector, tools department and BSH household appliances division
Read MoreThe company has already seen significant reductions in its workforce, with more than 6,000 employees laid off since Musk’s acquisition in 2022
Read MoreIn September, about 3,941 employees were laid off by 35 tech companies, while October marked a further drop, with 3,080 positions eliminated across 30 companies
Read MoreThe layoffs will affect tech division, while others are in international sales and partnership roles
Read MoreThis plan includes the potential closure of three factories, as well as downsizing across all other German production facilities, raising serious concerns about job security for thousands of employees
Read MoreAccording to the company's FY23-24 annual report, the workforce in customer service dropped from 1,100 to just over 400
Read MoreThe company plans to reduce nearly 2,000 jobs in Greater China and another 350 positions across Europe
Read MoreThese cuts, which represent around 7% of the division's workforce, are expected to take place by mid-2026
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