Tesla Begins 10% Cuts; Ex-Employees Confirm Layoffs on LinkedIn
2022.06.15 17:05
Tesla (TSLA) Begins 10% Cuts; Ex-Employees Confirm Layoffs on LinkedIn
By Michael Elkins
Earlier this month, Tesla’s (NASDAQ:TSLA) billionaire CEO, Elon Musk, said that the company would cut 10% of staff as he had a “super bad feeling” about the economy.
After saying the company would cut 10% of salaried staff, Musk confusingly said total headcount would increase and salaried staff would be “fairly flat.”
On Wednesday morning, Insider found 11 LinkedIn posts from Tesla employees saying they had been laid off as part of the cut. Nine of the posts were published this week while two were posted late last week.
The former Tesla staffers posting on LinkedIn appeared to have a range of experience at the company. The CGI animation lead said in his post he had worked at the company for six-and-a-half years.
“I am saddened to go,” he wrote, adding: “I truly did enjoy my job, and I am proud of the work that I’ve produced.”
The company’s annual SEC filing indicated that it employed almost 100,000 people at the end of last year, which means thousands of jobs could be on the line.
The electric vehicle company also canceled three hiring events in China planned for this month.
