A key Tesla supplier is slashing jobs

Japanese electronics giant Panasonic, Tesla’s (TSLA) original battery supplier and one of its largest, announced today that it will lay off almost 5% of its workforce: 5,000 workers domestically and 5,000 globally. The layoffs will take place between now and March 2026 after reviewing “operational efficiency,” mainly…Read more...

May 9, 2025 - 18:27
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A key Tesla supplier is slashing jobs

Japanese electronics giant Panasonic, Tesla’s (TSLA) original battery supplier and one of its largest, announced today that it will lay off almost 5% of its workforce: 5,000 workers domestically and 5,000 globally. The layoffs will take place between now and March 2026 after reviewing “operational efficiency,” mainly…

Read more...