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A key Tesla supplier is slashing jobs

https://qz.com/panasonic-tesla-battery-supplier-layoffs-jobs-1851779966
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…