6 Real-World Examples of Company Reorgs Done Right
SEPTEMBER 25, 2018
Manufacturer of electric cars, solar-powered batteries, and spaceships, Tesla has earned a reputation for innovation and rapid growth since its founding in 2003. Facing pressure from investors to increase cash flow and speed up new car production, Tesla also laid off 3,000 employees, or 9 percent of its workforce, as part of the reorganization. WSJ plans a reorganization of existing staff rather than a series of layoffs or position eliminations.