SAN FRANCISCO, June 17 ― Tesla has cut job postings by 14 per cent since Chief Executive Elon Musk warned he was worried about the economy, needed to reduce staff and would pause hiring worldwide.
In addition, about 20 people identifying themselves as Tesla employees said they were laid off, let go or had positions terminated in the past week in online postings and interviews with Reuters. That is a tiny number compared to the size of Tesla's workforce, but several described being part of a 10 per cent job reduction, signalling that the company is indeed laying off workers.
Tesla, which had about 100,000 employees globally at the end of last year, also cancelled three online recruitment events for China that had been scheduled this month. Musk’s warning about the economy was read by analysts as a warning for the broader auto sector, which has seen strong demand relative to production despite two years of global pandemic and increasing concern of the risk of recession.
Julian Cantu, who had been working for Tesla for over a year in Austin, Texas, said that he was told that his job had been eliminated.Cantu told Reuters that several other members of his team had also had their jobs eliminated. Some of them had moved to Texas to work for Tesla, he said.
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