Elon Musk backtracks on his intention to lay off 10% of Tesla employees

Elon Musk backtracks on his intention to lay off 10% of Tesla employees

In recent weeks, there has been a lot of news from Dozens and hundreds of companies layoffs employees. Elon Musk himself has indicated the possibility of firing 10% of his employees at Tesla. However, the CEO of the electric company retracted his intention and announced this weekend that he would finally increase the number of employees at the company over the next 12 months.

The message was delivered via his Twitter account.

Elon Musk appears to be reversing his decision to shoot Tesla

Elon Musk said Saturday that the EV maker's staffing number will rise over the next 12 months. However, the number of paid employees is expected to change slightly. The message shows a withdrawal from an email sent just two days ago. According to the message, Musk said that There was a need to cut 10% of jobs.

The total number of employees will increase, but salaries should be more or less constant.

Twitter Musk in response to an unverified Twitter account that made a "prediction" that the number of Tesla employees would increase over the next 12 months.

As an argument for the possible dismissal of 10% of his employees, the South African businessman says he has a bad feeling about the US economy.

In addition to this argument, the brand manager also sent another email to employees saying that Tesla will cut staff by 10%, as it has become "overstaffed in many areas." But, he said, "the number of hourly workers will rise."

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As a result, Tesla shares fell 9.2% on Friday.

Tesla will have more than 100,000 employees

According to a US regulatory filing by Tesla, the company and its subsidiaries had nearly 100,000 employees at the end of 2021.

But the week has been filled with calls and warnings from the CEO to his staff. In one communication, the person in charge of the company Issue an ultimatum to all employees to return to the office At least to meet a minimum of 40 hours per week. If they don't, it will be considered an expulsion, he wrote.

Also, Elon said Thursday that Tesla's AI demonstration day will be pushed back to September 30. On this date Optimus prototype will be showna humanoid robot that is a priority for the company, which should be ready to launch next year.

By Andrea Hargraves

"Wannabe internet buff. Future teen idol. Hardcore zombie guru. Gamer. Avid creator. Entrepreneur. Bacon ninja."