Media reports indicate that both Google and Tesla are intensifying their employee layoffs across multiple rounds in 2024, reflecting strategic adjustments and market challenges faced by the tech giants.
Google, a subsidiary of Alphabet, recently reduced its workforce, terminating at least 200 employees from its ‘Core’ team while also transitioning several roles to India and Mexico, as reported by CNBC.
This move marks a recurring trend for Google, which has previously downsized its U.S. workforce and relocated positions overseas.
Despite these workforce adjustments, Alphabet surpassed the remarkable $2 trillion market value milestone and exceeded analysts’ expectations in its latest earnings report.
Meanwhile, Tesla, under the helm of Elon Musk, is also undergoing significant layoffs, with reports from outlets such as The Information and Electrek indicating the departure of hundreds of employees.
Notably, these layoffs will affect most of Tesla’s Supercharging team, with key leaders such as Daniel Ho, head of the new vehicles program, and Rebecca Tinucci, senior director of EV charging, among those departing.
In mid-April, Tesla announced plans to downsize its global workforce by more than 10%, impacting approximately 14,000 jobs.
In a post on X, Musk emphasized the necessity of periodic company reorganization to streamline operations and prepare for future growth phases.
Tesla has encountered challenges in 2024, evidenced by a significant decline in vehicle deliveries and a recall notice affecting over 3,000 Cybertrucks.
Amidst concerns surrounding the impact of layoffs on Tesla’s Supercharging network, Musk reassured stakeholders on X, affirming the company’s commitment to expanding the Supercharger network albeit at a slower pace, with a heightened emphasis on ensuring 100% uptime and optimizing existing locations.