Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Turkey carried out air strikes in northern Iraq and destroyed 20 PKK targets: Turkish MoD
Al Mayadeen's correspondent: Turkish warplanes carry out an air strike that targeted the Matin area in Dohuk, northern Iraq
Israeli media: The settlers wrote the word “revenge” in the site and uprooted dozens of olive trees
Israeli media: Settlers set ablaze a farm in the town of Deir Dibwan in the West Bank
Kurdistan Workers' Party (PKK) claims responsibility for Ankara attack
British Defense Minister Grant Shapps: We are deploying RAF Typhoons to Poland
British Defense Minister Grant Shapps announces a 4 billion pound ($4.9 billion) deal to build attack submarines
Turkish President Recep Tayyip Erdogan: We have waited 60 years at the doorstep of the European Union. We are no longer waiting.
Al Mayadeen correspondent: One civilian martyred, another injured by Saudi Arabia's armed forces in Saada, Yemen.
The Turkish authorities have banned media from broadcasting at the scene of an attempted terrorist attack that hit the capital near Parliament earlier.

Musk: Tesla employee count to increase, salaried staff to decrease

  • By Al Mayadeen English
  • Source: Agencies
  • 5 Jun 2022 14:28
  • x

The Tesla executive still intends to cut jobs by 10%.

  • Tesla CEO Elon Musk attends the official opening of the new Tesla electric car manufacturing plant on March 22, 2022 near Gruenheide, Germany. (Getty Images)
    Tesla CEO Elon Musk attends the official opening of the new Tesla electric car manufacturing plant on March 22, 2022 near Gruenheide, Germany (Getty Images)

Elon Musk, CEO of Tesla, revealed on Saturday that the company's employee count will increase over the next 12 months. However, the number of salaried staff should be little changed (recalling an email sent two days ago indicating that the company will cut jobs by 10%).

"Total headcount will increase, but salaried should be fairly flat," Musk tweeted in a reply to an unverified Twitter account, which stated a prediction of an increase in corporate headcount. 

Total headcount will increase, but salaried should be fairly flat

— Elon Musk (@elonmusk) June 4, 2022

On Thursday, Musk said that he had a "super bad feeling" about the US economy, rationalizing his cutting jobs by 10% in his electric vehicle company.

On Friday, in another email to employees, he confirmed that he will be cutting salaried employees by 10%, arguing that the company had become "overstaffed in many areas." But, "hourly headcount will increase."

Related News

Tesla Shanghai takes legal action against Chinese firm

Tesla to build Shanghai battery factory in future: China chief

On Friday, Tesla's shares sank by 9.2%.

The company's shares, along with its subsidiaries, had around 100,000 employees by the end of last year.

Read more: Musk paid firm to monitor Tesla employees in 2017, 2018

 

Musk threatens to fire Tesla execs if they don't return to office

Bloomberg reported on Wednesday that Elon Musk has allegedly threatened to fire the executive staff of Tesla Inc. if they do not go back to working 40 hours a week. 

An email sent by Musk to the company's executives had the subject line "Remote work is no longer acceptable," made it clear that he will fire those who want to continue their working-from-home routine, according to the report.

“Anyone who wishes to do remote work must be in the office for a minimum (and I mean *minimum*) of 40 hours per week or depart Tesla. This is less than we ask of factory workers,” Bloomberg cited Musk as saying in the email. 

Musk, in parallel, said that Tesla executives must return to the main office, and not a remote branch office, according to the report.

  • Elon Musk
  • Tesla

Most Read

BBC from the front lines in Ukraine: It's bad, counteroffensive failed

BBC from the front lines in Ukraine: It's bad, counteroffensive failed

  • Europe
  • 28 Sep 2023
Who Would Ally with the West: ‘It’s Boring – The Real Excitement is in Asia’

Who Would Ally with the West: ‘It’s Boring – The Real Excitement is in Asia’

  • Analysis
  • 30 Sep 2023
US President Joe Biden and Ukrainian President Volodymyr Zelensky

'Not 1 more cent': Americans are done with funding Ukraine's paychecks

  • Europe
  • 30 Sep 2023
Austrian Chancellor Karl Nehammer tells low-income families to buy their children McDonald's burgers.

Austria Chancellor's solution to poor families: McDonald's burgers

  • Europe
  • 29 Sep 2023

Coverage

All
Morocco & Libya Disasters

Read Next

All
tusk
Europe

Polish opposition leader Donald Tusk leads million-man rally in Warsaw

Eastern Libyan authorities postpone reconstruction meeting for Derna.
MENA

Libyan authorities postpone reconstruction conference for Derna

Saudi Arabia to record fiscal deficit in 2023, blaming falling oil revenues.
MENA

Saudi Arabia to record fiscal deficit in 2023; oil revenues to blame

McCarthy
US & Canada

Leading hardline Republican says will move to oust McCarthy

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS