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United States : Tesla cutting 9% of staff; layoffs not to affect Model 3 production

MarketWatch

Jun 13, 2018 (Euclid Infotech Ltd via COMTEX) -- Electric carmaker Tesla Motors announced Tuesday it was cutting nine percent of its workforce to enhance profitability but said the move would not affect an ambitious production ramp-up of its Model 3 sedan. The job cuts are part of a company-wide restructuring