Job cuts in Tesla likely, after Musk mail says 'super bad feeling' about US economy: Report
Elon Musk may cut jobs in his electric car company Tesla, Reuters reported, adding that in an internal mail sent to employees he conveyed his intentions arising from “super bad feeling” about the US economy.
In an email sent to staff, he also threatened to fire anyone who worked less than 40 hours a week at the company's offices.
This is contradictory to the flexibility offered by big tech companies that compete for the same talent pool.
After the ultimatum, some of the 100,000 employed by Tesla may be looking for other options.
The Reuters report stated that Elon Musk needs to cut one in ten jobs at Tesla and some may already be staring at their exit.
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.