Tesla closing a office, laying off 200 workers

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eliminating 200 jobs in the area in the course of the manufacturer of electric vehicles' efforts to cut its workforce in order to save money.

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The employees at San Mateo office San Mateo office had contributed to the development of Tesla's driver-assistance technology Autopilot, also known as Autopilot.

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Half of the employees at the office were informed that their jobs were to be cut.

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They will also be transferred to another location According to The Wall Street Journal.

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Bloomberg earlier published an article about Tesla's plans to close the facility.

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[{"selector":"#anim-c887c426-38e6-4207-bb1e-f09e3e3a9110 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-39.06523420023428%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-49132da2-e21c-4bc7-96f9-3796ffc54c7a","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-0dcdb821-7f37-4932-87b3-6c306d343d0c","keyframes":{"transform":["translate3d(0px, 149.14245%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Most of the eliminated jobs were held by hourly workers despite CEO Elon Musk saying in an interview last week that he plans to add hourly workers but cut 10% of salaried staff.

[{"selector":"#anim-bd3aba84-c378-40f1-bbf2-b9f4465ff447 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-39.06523420023428%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-32d00c10-4aa1-4f70-a99e-98364cef1ee4","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b81f3e31-1567-4ce0-88fb-14592106afc9","keyframes":{"transform":["translate3d(0px, 217.69142%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] The move is a result of Musk said he had an "super negative feeling" regarding the economy. Learn more

[{"selector":"#anim-b4fbc7cf-2e45-430b-9b55-30e9673d7335 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-39.06523420023428%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-867220fa-f5ae-4901-b08f-52c4e08c1aa5","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-2fa42176-1db3-4f68-b9fa-bcfcc4eb9c94","keyframes":{"transform":["translate3d(0px, 157.31920%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Musk has instructed his top executives to "pause all hiring globally." Musk's order comes amid increasing worries about a possible recession.

[{"selector":"#anim-1e29f8bc-1090-4a71-8b57-d122c0461e33 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-39.06523420023428%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-692c272c-b2d2-4a18-9820-2a6e180da899","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-9888d077-1505-4057-964f-6cecc5b043e8","keyframes":{"transform":["translate3d(0px, 192.70313%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Musk said that Tesla's new factories in Texas and Germany were losing "billions of dollars," in part, because of supply chain issues impacting the company's ability to increase production facility. Learn more

[{"selector":"#anim-195333b5-b104-46ca-9a12-809401c24e85 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-39.06523420023428%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-0c40d236-a4df-481d-8d31-85334bce8aa9","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ee6a6647-007a-4e32-af47-d9ade555a111","keyframes":{"transform":["translate3d(0px, 144.65946%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] "Both Berlin and Austin factories are huge money burners in the present," Musk said at the time. "It ought to be as loud as a huge roar, that sounds like burning money."

[{"selector":"#anim-aa6df72e-9c63-4e54-a053-16283f9418a9 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-39.06523420023428%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-f03b5d24-ebae-404d-a813-4be818c16c8e","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-3f1ceba5-c5cf-4461-82eb-0a0386b528ed","keyframes":{"transform":["translate3d(0px, 156.52556%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Tesla recently raised prices in a broad way across its entire fleet of vehicles and its shares have dropped 38% of their value in just three months.

[{"selector":"#anim-787ee8e0-f805-4b18-af05-986a5db48a06 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-39.06523420023428%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-1a5a2d81-528c-4ed5-bb8e-9c4246f7aa31","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ac1ce637-72dc-43ae-a024-dca3294a354a","keyframes":{"transform":["translate3d(0px, 165.26427%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] According to SEC filings, Tesla and its subsidiaries employed more than 100,000 workers by the close of 2021.