Musk backs down on layoffs, says Tesla will have more employees in the coming months – Small Business Big Business

Musk backs down on layoffs, says Tesla will have more employees in the coming months – Small Business Big Business

Elon Musk backtracked last Thursday after saying he would be forced to lay off about 10% employees gives Tesla and said, this Saturday, that, indeed, he intends to increase the contingent staff in the company for the next twelve months. However, in order to increase the number of employees, millionaire Told that some would be hired on salaried basis.

Tesla CEO Elon Musk (Photo: Patrick Plell – Poole/Getty Images)

This was informed by Musk himself, when he responded to a tweet asking the entrepreneur whether “Tesla’s workforce will grow in the next 12 months”.

As always, Musk, who posts frequently on his account on the platform, responded to inquiries saying that “the total number of employees will increase, but the salary should remain stable”.

Last Thursday, the Tesla owner said the electric carmaker would need to lay off about 10% of its workforce because he has “very bad feelings” about the economy. That same week, another email attributed to the billionaire circulated on social media, the text of which was loud enough to tell Tesla’s executive team that anyone who didn’t return to work face-to-face could leave.

According to the report, a message titled “Pause Hiring Worldwide” was sent to Tesla executives on Thursday.

Tesla, which has factories in the United States, China and Germany, employs approximately 99,290 people worldwide. So a cut of 10% of employees is equivalent to about 10 thousand people.

The Austin, Texas branch cut 7% of its workforce — more than 300 jobs — in early 2019.

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About the author: Sarah Gracie

"Proud social media buff. Unapologetic web scholar. Internet guru. Lifelong music junkie. Travel specialist."

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