Breaking Business News | Breaking business news AM | Breaking Business News PM

Tesla will cut worker pay by as much as 30% as COVID-19 bites production

8 Apr 2020

Tesla will also furlough any workers who cannot work from home until May 3 without pay.

Tesla will cut the pay of some workers by as much as 30% and furlough other workers, according to an internal company memo seen by Bloomberg. The moves are being made in an attempt at saving costs while some of Tesla’s factories are shut down due to the COVID-19 pandemic.

Read the full article here.
This content was originally published by Fast Company. Original publishers retain all rights. It appears here for a limited time before automated archiving. By Fast Company

Covid-19 – Johns Hopkins University

Download brochure

Introduction brochure

What we do, case studies and profiles of some of our amazing team.