Elon Musk says Tesla will fire 10 per cent of workforce in next 3 months
Tesla CEO Elon Musk on Tuesday said that Tesla will fire 10 per cent of its employees. The billionaire added that the electric car-making company will lay off these employees in the next 3 months. The job cuts will amount to about a 3.5 per cent reduction in total headcount at the company, Musk said at the Qatar Economic Forum organised by Bloomberg.
Earlier this month, Musk reportedly announced through an internal email that there will be job cuts and he has a “super bad feeling” about the economy as well. The email sent to Tesla executives also talked about pausing “all hiring worldwide”. Until now, Musk or Tesla didn’t officially confirm details related to layoffs.
Tesla employees are surely going through a tough time. Besides the upcoming layoffs, Musk recently asked all Tesla employees to work from office. He clearly mentioned that people who do not follow office guidelines can quit. He also made working 40 hours a week mandatory for Tesla employees.
In another recent email written under the subject line, “remote work is no longer acceptable”, Musk noted, “anyone who wishes to do remote work must be in the office for a minimum (and I mean *minimum*) of 40 hours per week or depart Tesla.”
The remote working policy at Tesla also worried Twitter employees. During Musk’s first meeting with Twitter employees, the billionaire said that he prefers work in office but excellent employees can work from home. “If someone can only work remotely, and they’re exceptional, it wouldn’t make sense to fire them,” Musk said when a Twitter employee asked about remote working.
Last year, when Jack Dorsey was the CEO, Twitter allowed employees work from home or wherever they wanted. With Musk becoming the boss soon, it could be possible that most Twitter employees will return to the office and leave the comfort and flexibility of working from home.
Additionally, during the meeting, Musk hinted at layoffs at Twitter. He said that the microblogging site “needs to get healthy” financially and bring the cost down. The billionaire also added that “anyone who is a signification contributor has nothing to worry about.”
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