Elon Musk says Tesla job cuts will reduce workforce by 3.5%

Elon Musk says Tesla job cuts will reduce workforce by 3.5%

2 years ago
Anonymous $dy9SWuvIkX

https://www.eastbaytimes.com/2022/06/21/elon-musk-says-tesla-job-cuts-will-reduce-workforce-by-3-5/

Elon Musk confirmed the salaried workforce at Tesla Inc. would be cut by about 10% over the next three months, but said the overall reduction in the electric-car maker’s workforce would only be some 3.5% as hourly staff numbers are still expected to grow.

“We grew very fast on the salaried side,” Musk said in an interview with Bloomberg News Editor-in-Chief John Micklethwait at the Qatar Economic Forum on Tuesday. “A year from now, I think our headcount will be higher” in salaried and hourly workers, but for now the reduction will be 3% to 3.5%.