Tesla (TSLA) launches another round of layoffs
Source: Electrek
Tesla (TSLA) launched another round of layoffs this weekend, with employees in wide-ranging roles getting their pink slip amid broader layoffs over the last 3 weeks.
Three weeks ago, Tesla started a significant wave of layoffs. The automaker announced it was laying off about 10% of its workforce.
However, we reported prior to the announcement that the layoffs could be closer to 20% of the workforce once everything is said and done.
Sure enough, Tesla had another significant wave of layoffs last week.
Now, we hear of yet another round of layoffs at Tesla.
Read more: https://electrek.co/2024/05/06/tesla-tsla-launches-another-round-layoffs/
A really good example of poor layoff management; it will be even clearer if there are rehirings in a week or two. Service department layoffs, when Tesla's long had insufficient service personnel? Either the financial position is really dire or this is not s good idea. Really, with $27 billion in cash the company could have afforded to take more time for proper consideration of reorganization and target layoffs precisely, rather than making an example of an executive who (rightly!) pushed back on being told to cut key personnel by firing her and her 500 person department wholesale. Musk should be at the top of the layoff list, if you're looking to get rid of people who aren't very good at their job, and who aren't devoting their full effort to the company. But Musk has spent years on care and feeding and training of the board of directors, so that will never happen.
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Traurigkeit
(950 posts)Comfortably_Numb
(3,917 posts)Get a mirror, Loon. Its you thats the problem. You pissed off the demographic that wants EVs and embraced Nazis, who wouldnt be caught in an EV with their Tiki torches.
rpannier
(24,397 posts)He told the world that in 2022.
Hyperloop
Colonies on Mars
The Jet Pack (I learned about that from Dave Chappelle. It's why he invited Musk on stage with him because Musk promised him one - I think he realizes he's safer w/o having a jet pack made by Musk)
Self-driving Taxis
Self-Driving Cars
The Tesla Truck
His Super Car That is fine as long as you don't wash it in sunshine -- night washing?, wash in the rain?
PortTack
(32,958 posts)Its not just the car makers that have closed him out, all unions there have, from delivery and manufacture of parts, dock workers, dealers.
And the truck
OMFG
what a piece of junk!
The mini young frump
.everything he touches is gonna die
IronLionZion
(45,898 posts)And Tesla just isn't that appealing anymore considering his Nazi beliefs and failures at Twitter.
If I were getting an electric vehicle, Ford, Hyundai, Nissan, Toyota, BMW, and Polestar have much more appealing options than Tesla.
apnu
(8,773 posts)The Tesla sedan does look nice, inside and out, but that triangle thing? Fugly.
IronLionZion
(45,898 posts)Tesla Model S is the award winner. The Model 3 has plenty of problems. Everyone gets the Model 3 because it's price is within reach.
apnu
(8,773 posts)Tesla is a bad company.