Tesla is laying off about 9% of its workforce as it restructures the company
12 replies, posted
From: Elon Musk
Sent: Tuesday, June 12, 2018 10:27 AM
To: Everybody
Subject: Reorg Update
As described previously, we are conducting a comprehensive organizational restructuring across our whole company. Tesla has grown and evolved rapidly over the past several years, which has resulted in some duplication of roles and some job functions that, while they made sense in the past, are difficult to justify today.
As part of this effort, and the need to reduce costs and become profitable, we have made the difficult decision to let go of approximately 9% of our colleagues across the company. These cuts were almost entirely made from our salaried population and no production associates were included, so this will not affect our ability to reach Model 3 production targets in the coming months.
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In addition to this company-wide restructuring, we have decided not to renew our residential sales agreement with Home Depot in order to focus our efforts on selling solar power in Tesla stores and online. The majority of Tesla employees working at Home Depot will be offered the opportunity to move over to Tesla retail locations.
I would like to thank everyone who is departing Tesla for their hard work over the years. I’m deeply grateful for your many contributions to our mission. It is very difficult to say goodbye. In order to minimize the impact, Tesla is providing significant salary and stock vesting (proportionate to length of service) to those we are letting go.
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To those who are departing, thank you for everything you have done for Tesla and we wish you well in your future opportunities. To those remaining, I would like to thank you in advance for the difficult job that remains ahead. We are a small company in one of the toughest and most competitive industries on Earth, where just staying alive, let alone growing, is a form of victory (Tesla and Ford remain the only American car companies who haven’t gone bankrupt). Yet, despite our tiny size, Tesla has already played a major role in moving the auto industry towards sustainable electric transport and moving the energy industry towards sustainable power generation and storage. We must continue to drive that forward for the good of the world.
Tesla is laying off ‘about 9%’ of its workforce as it ‘restructu..
I hope this is a seriously good chunk of cash. Layoffs are extremely shitty.
lets hope elon lays off himself as well
lay off himself or lay himself off
TBH I see where you're coming from, but I'm not sure how well that would go over.
If they had told 9% of their workforce prior to this that they would be losing their job in a year, I can't imagine those employees would have the motivation to continue to be productive employees dedicating their all. They'd be receiving the same pay for potentially less performance.
Not to mention it gives employees who would have nefarious motives to get back at the company lots of time to plan, prepare and act.
Not saying everybody would be like this, but I imagine that this is a viewpoint corporations have.
Maybe daddy musk will lay off onto me instead
Tesla is weird, how can you have so much money and still have such horrific supply problems.
It's not like you can drop some fat stacks and have full-fledged supply infrastructure appear instantaneously
that's worsened by the fact that mass-producing EVs is a pretty new concept with not a lot of shoulders to stand on, so Tesla is having to figure out a lot of stuff the hard (and expensive) way.
if ur run by a megalomaniacal dipshit who bums off all the problems to their subordinates whilst keeping the lions share of the wealth you begin to run into problems pretty quick
When you have to rely on a gigantic chain of mechanisms, the weakest chain will bottleneck the rest.
Have you ever worked in any industry?
Things take time, none of the "rapid inventions" are actually as rapid as they appear.
On this point, I think it remains essential that Tesla controls their entire supply chain including producing their own batteries, all the way from raw materials. It seems wise given their want to be a market leader, and the difficulty with which the world is receiving the demand for Lithium, etc.
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