Tuesday, July 5, 2022
News Tesla will Fire 10% of its Salaried Employees in the Next Three...

Tesla will Fire 10% of its Salaried Employees in the Next Three Months

Tesla will get rid of 10% of its salaried workers over the next three months.

  • The CEO had already put a stop to all new hirings around the world

  • This is to prepare for a possible recession

  • The automaker could face lawsuits due to an alleged lack of notice prior to many layoffs

Tesla will reduce the size of its workforce by 3.5% over the next three months by laying off 10% of its salaried workers, which means it will fire around 3,500 employees globally.

This had already been hinted at two weeks ago in a leaked email sent by the company’s CEO, Elon Musk, to the automaker’s executives, which also stated that the company would not be hiring any new employees until further notice.

According to Tesla, this is to reduce its fixed costs in preparation for an expected recession that could hurt the automotive industry during the next few years.

Musk has given his forecast of the upcoming global financial situation and he was not optimistic, which might be why Tesla is taking more drastic measures to save money than its competitors at the moment.

Of course, such a decision is not popular with the company’s employees, and adding fuel to the flames, it seems Tesla has not followed the rules in place to protect workers in case of a layoff.

Indeed, a lawsuit has been filed against the company by 500 former employees who have allegedly been recently fired without the 60 days of notice that are required by law.

This warning period was put in place in order to give employees time to find a new job or train to apply for another position before they are left without a paycheck.

Since a large number of plaintiffs is recorded, the legal action could become a class-action lawsuit against the automaker.

Trending Now

Toyota has Run Out of US EV Tax Credits

They have sold their 200,000th EV in the US. They now join Tesla and GM who’ve already run out of credits. The question is...

Cadillac and Buick to Lead GM’s EV Plans

Both will sell only EVs by 2030. GM as a whole will make only EVs by 2035. We’ve just returned from test driving the...

The Ford Bronco and Ranger are Being Recalled for an Improperly bonded Windshield

The Windshield could separate from the vehicle in a crash, thus risking injuries to the passengers Water leaks and wind noises could also...

The Kia Seltos Already Revised for 2023… or 2024!

Kia was a bit late in entering the pocket-sized SUV market. There was the Kia Soul, but its particular format and lack of all-wheel...

Yokohama ADVAN Sport A/S+ Tire Review: The ADVAN does it all

The ADVAN Sport A/S+ combines real-world comfort and performance. It is a truly gifted tire no matter the driving conditions. Tread pattern aesthetics. I’ve...


Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.