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Old Jan 13, 2008, 12:02 AM   #1
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Tesla denies layoffs, but fires 10 percent of staff

Source: Green Tech Blog (News.com)
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A few weeks ago, we asked Tesla Motors whether a pending departure of one employee we had heard about was part of a wave of layoffs at the company.

No, said Daryl Siry, vice president of marketing. It was an issue involving a particular individual.

It turns out that that more terminations were going on behind the scenes. Ousted Tesla CEO Martin Eberhard writes in his blog that 26 employees, including some vice presidents, have recently been cut from the company. That's about 10 percent of the company. The cuts come after Tesla was forced to delay the release of its car because of problems with the transmission and after new CEO Ze'ev Drori came to the company.
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