Elon Musk backtracks on job cuts, says Tesla salaried staff to be 'fairly flat'

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Tesla Inc Chief Executive Elon Musk said on Saturday (May 4) that the electric vehicle maker's total headcount will increase over the next 12 months, but the number of salaried staff should be little changed, backtracking from an email just two days ago saying that job cuts of ten per cent were needed. 'Total headcount will increase, but salaried should...

A Tesla service and sales center is shown in Vista, California, US, on June 3, 2022.Tesla Inc Chief Executive Elon Musk said on Saturday that the electric vehicle maker's total headcount will increase over the next 12 months, but the number of salaried staff should be little changed, backtracking from an email just two days ago saying that job cuts of ten per cent were needed.

[embed]https://twitter.com/elonmusk/status/1533176789022957568?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1533176789022957568[/embed] In another email to employees on Friday, Musk said Tesla would reduce salaried headcount by ten per cent, as it has become "overstaffed in many areas." But "hourly headcount will increase," he said.According to a Tesla US regulatory filing, the company and its subsidiaries had almost 100,000 employees at the end of 2021.

Source: Energy Industry News (energyindustrynews.net)

 

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