Tesla executives have been asked whether each employee’s position matters enough to fuel fears of layoffs within the company. Bloomberg News reported Wednesday.
After discontinuing semiannual performance reviews for some employees, Tesla sent out a one-line query for each job, some people familiar with the matter told Bloomberg.
The electric car maker did not respond to a Reuters request for comment.
As of December 31 last year, the company had 140,473 employees worldwide.
Tesla stock rose 1% on Wednesday.
It has fallen more than 25% since the beginning of this year.
The report comes despite price cuts already hurting margins at the world’s most valuable automaker and fueling investor concerns about weak demand and Chinese competition. The announcement comes after the company’s CEO warned that sales growth would slow this year.
Despite a new discount drive led by Tesla, sales of new energy vehicles in China, the top auto market, recorded a month-on-month decline for the first time in January as demand slowed.
The U.S. automaker also lost its spot as the top EV maker to China’s BYD in fourth-quarter sales.
