Tesla's largest-ever staff cuts include two top execs

[Hanno Labuschagne]

Tesla's largest-ever staff cuts include two top execs

Two of Tesla Inc.’s top executives have left in the midst of the carmaker’s largest-ever round of job cuts, as slowing electric-vehicle demand leads the company to reduce its global headcount by more than 10%.

The cuts could reach closer to 20% in some divisions, two people familiar with the matter say.

[Bloomberg]

 

[FiestaST]

This 10%er job cuts are making major news on the interwebz.

No doubt all kinds of speculations come out the woodwork as well.

 

[RaptorSA]

Oh no, who could have seen that coming.

 

[rh1]

Well the exec already made $96million just from selling some of his share.

 

[Ninja'd]

Personally I wouldn't be surprised if everyone who had a hand in the design of the Cybertruck get the boot.

 

[jjsmith]

Its amazing that a guy that is said "notnto be paying attention to the company" is well enough on the ball to know that there are duplicate positions and that moneybis being wasted by unnecessary personnel. If only some one in government was as "inattentive ' as him.

 

[KidCharlemagne]

Well, 18 years service and now a multi millionaire, I suppose his departure is overdue. A "refresh" of new talent is in order.

 

[FiestaST]

https://twitter.com/x/status/1780235491633136099

 

[DapperDanMan]

Tesla staff say firm's entire Supercharger team fired

The division responsible for the car-maker's huge fast-charging network is being axed to cut costs.

www.bbc.com

Charging is not all that important.