Tesla must cut workforce by about 10%, says Musk – 06/03/2022 at 10:24


TESLA MUST CUT WORKFORCE BY ABOUT 10%, SAYS MUSK

SAN FRANCISCO (Reuters) – Tesla needs to cut its workforce by about 10%, chief executive Elon Musk said in an email to company executives on Thursday seen by Reuters.

In this message, titled “pause in recruitments all over the world”, Elon Musk said he had “a very bad feeling” about the outlook for the economy.

Tesla was not immediately available to comment on the remarks.

According to figures sent by Tesla at the end of 2021 to the Securities and Exchange Commission (SEC), the group employs nearly 100,000 people worldwide.

The message sent Thursday by the businessman comes two days after the warning issued to his employees that he asked to leave the company if they wanted to continue working remotely.

“Everyone at Tesla is expected to spend a minimum of 40 hours in the office each week,” he said.

“If you don’t show up, we’ll consider you quit.”

(Hyunjoo Jin; French version Nicolas Delame, editing by Kate Entringer)

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