Elon Musk Reportedly Wants To Lay Off 10% Of Tesla’s Workforce As He Frets About The Economy
ForbesJun 03, 2022
Elon Musk announced on Tues. that Tesla is moving forward with laying off 10% of its salaried staff while also growing the number of hourly employees.
One-third of Tesla employees are salaried and a 10% cut will result in a 3.5% reduction in the total employee headcount.
This is happening just as a recession looms. Musk is the wealthiest man in the world and he's taking action against - and openly criticizing - hardworking employees rather than addressing actual issues within his company.
Musk is a shrewd businessman and it's his right to do what he wants with his company. A recession is coming and business leaders need to protect their companies. Working from home has made white-collar workers lazy. Tesla needs to cut down on its bloated staff.