Some CEOs expect at least a five percent reduction in employees in 2024 thanks to AI, PwC found. Leaders in media, banking, and insurance are most likely to expect AI job replacement, study shows.

What Happened: As of Dec. 31, 2023, Tesla's headcount worldwide was at 140,473, according to the company’s annual report. Tesla’s employee headcount has been rising steadily from 2019 till 2023.

Tesla CEO Elon Musk said in an e-mail to all employees at the electric vehicle ... economic outlook on Friday after news of Tesla's headcount reduction was out. Biden said that while Elon Musk ...

According to former employees ... headcount was estimated at 8,000. The exchange could lose more than a third of its staff due to the ongoing reorganization. Binance announced a 20% reduction ...

The restructuring plan will include a 23% headcount reduction and a refocus on students ... of $40 million to $50 million in 2025 from 441 employee departures and the closure of two locations.

PacWest, based in Beverly Hills, California, is looking at an array of potential areas for expense reductions, including facilities, employee headcount and vendor relationships ... need to accelerate ...