Tesla’s Shanghai Gigafactory has started cutting jobs in its battery assembly division and the layoffs mainly involve employees of the first phase the battery assembly, according to Chinese news outlet IT Home.
More than 50% of the employees will be laid off, involving hundreds of people, and most of them will be laid off with negotiated compensation, with a small number of them to be transferred, according to the report.
Tesla will provide N + 3 package, N + 2 or N + 1 + 1 package, according to the report, citing laid-off employees.