Tesla lays off 'more than 10%' of its global workforce
Tesla lays off 'more than 10%' of its global workforce
The layoffs were announced in a company-wide email, after rumors they could reach as high as 20% of Tesla's ~140,000 global headcount.
I hate when companies say they're "forced" to do layoffs. Elon could easily pay six figure salaries to 14,000 people for over a decade before he noticed even the slightest change to his net worth. What they really mean is that by upending the lives of 14,000 families, they're hoping to get a temporary bump in the stock price this quarter so they can buy another yacht.
I really find the hatred of layoffs some of the most nonsensical criticism of capitalism.
If you are going to pay people for doing nothing useful, because your company no longer needs their work, why make them go to work? You can save their time and your money (office costs, taxes, administration, etc.) if you just give them the money after you fire them.
I think it's more so that the corporate culture lately is extremely short-sighted and makes lay-offs in incredibly dumb ways (i.e. you can see their future half-year problems). Which many times will need to be re-hired by paying lots of money to idiotic recruiters to hire new people (because the older folks have switched ship and are not coming back) and train them. Lots of instability caused by extremely poor management (who get payed a lot even though they make stupid decisions).
It's not a one-off, and it keeps happening.
Avoid Musk at all costs.
It would be embarassing to drive a Tesla today, especially for the demographic that would buy these EVs.
You see one driving and you know the driver is a uninformed douchebag.
TBF they could have bought it before we knew he was crazy.
15th July 2018
That's when Musk called a diver who'd just rescued a bunch of kids, a paedophile after he showed up his magical cave diving robot that wouldn't fit in the cave.
Most people (especially outside the US) don't give a fuck about Elon and his politics, at the end of the day they'll buy the car which fits their needs the most within the price range they can afford. And yeah Teslas have issues but my friends who own one are very happy with them.
Embarrassing? Tesla single handedly showed an alternative to oil-based vehicles with an absolutely superior machine. I put 200,000 miles on my Tesla model 3 driving it off road to some of the most remote places in the US, and it never broke a sweat. It was the first car that could keep up with my adventure spirit. If a traditional manufacturer made this machine it would have cost $300,000 for what it can do.
While you are here buying in to big oil brain washing, this company has single handedly done more in the war against climate change, and dystopian hellscape oil/based economies like Saudi Arabia, than any other company in history.
Musk might be autistic and have a lot of dumb ideas he can't keep contained but he undeniably has a better vision for what technology the public has access to. A single person's personality is such a dumb reason to support oil companies, with the blood of millions on their hands, and possibly the end of this planet. Keep drinking the koolaide, though!
No they didn’t. No one here loves big oil. There are other companies that make better EVs.
Tesla single handedly showed an alternative to oil-based vehicles with an absolutely superior machine.
Keep drinking the koolaide, though!
lol
This!
While we don’t have an exact percentage, “more than 10%” means at least 14,000 employees will be laid off
Surprisingly I thought it would be a bigger number.
Rumors are 20% actually.
There are numerous topics over on Reddit talking about "laid off this morning". There was no warning, they just got fired over the weekend.
What looks bad is the absolute urgency and callousness of this event. In fact, there are various laws at the state level (ex: California's WARN laws: https://edd.ca.gov/en/jobs_and_training/layoff_services_warn), that require 60-days notice before a mass firing. So this "weekend layoff" is straight up illegal in some areas of the country.
That's never deterred Musk
Usually you just tell them they are employed for 60 more days but are not required to come to work or do any work. Are the people on Reddit saying they are getting no more pay?
I don't think that law means what you think it means. They can just give you 60 days severance, they are not required to have you keep working.
Also, I would not be surprised if they extensively use contractors, which don't have the same protections.
Then again, this is Musk, who reneged on his Twitter severance plans and got sued. So he very well could be trying to pull some bullshit again.
But didn't you hear they're rolling out robo taxis by August 🙉
"We have full self driving TODAY, this is something we can do TODAY!" - Elon Musk 2017
Still isn't here in 2024...
there's nobody left to buy him out so he's finally going to have to figure out what step 2 is
If I was Musk, I honestly wouldn't give a shit at this point.
He's wealthier than any of you can ever hope to be. I'm sure if his businesses fail he can still live a better life than any of you, too.
It’s laughable how you say “you” rather than “us or we”, cause you aren’t making emerald trust fund baby money either, friendo.
Clearly he doesn't give a shit. That's the point. He can ruin 14,000 people's lives and go on taking his private jet from city to city to skip traffic.
All he has is more money. And he still bitches and moans on Twitter all day (the site he paid 44 BILLION for haha). He's not better or happier.
Beginning of the end.
That should be useful for the UAW's effort to organize Tesla in the US.
Another bump on the way down that is leaving Elmo in place.
Tesla board, wake up.
If not for Elon, I probably would have ended up with a Tesla for my recent EV purchase.
I feel sorry for these workers. I wish Elon wasn't such a piece of shit.
Folks waking up to the ugliness
If you work for Musk or Bezos, you have to know your job is not secure.