After Emailing Staff About Job Cuts At Tesla, Elon Musk Says Headcount At Company To Increase

San Francisco: Two days after emailing Tesla’s 10 percent job cuts, CEO Elon Musk withdrew his claims that total headcounts would increase on Sunday. Musk noted, however, that the number of pay recipients may not change. An unverified Twitter account in the name of Whole Mars Catalog tweeted that the headcount will increase at Tesla Company in the coming year. “Tesla’s headcount will increase over the next 12 months,” it said.Read also – No more work from home: Tesla to lay off 10% of staff, says Elon Musk to break hiring

Musk replied: “The total number of people will increase, but the salary should be fairly flat.” Read more – Twitter enters restructuring, focusing on user growth, personalization

According to a Reuters report on Friday, Musk emailed Tesla executives, saying electric car manufacturers should pause worldwide hiring and cut its workforce by about 10 percent. Tesla has about 1 lakh employees worldwide and Musk has referred to the “super bad feeling” about the economy to reduce its workforce. Read also – ‘Return to work or quit’: Top company for employees. Deets inside

Musk also faces “crypto winter” and their favorite cryptocurrency dogcoin has seen its value fall by nearly 60 percent in the past six months.

Earlier this week, Musk gave Tesla employees an ultimatum to go back to or out of office, saying they should “pretend to work somewhere else” if they don’t agree with the company’s policy. They have sent a series of emails asking employees to go back to work or dismiss.

“Anyone who wants to work remotely must be at the office for at least 40 hours a week (and I mean at least) or exit Tesla. That’s less than asking factory workers,” Musk wrote.

Despite supply chain challenges and factory shutdowns in China, Tesla posted a $ 3.3 billion profit in the first quarter of this year, recording $ 18.7 billion in revenue. In the first quarter, Tesla produced more than 305,000 vehicles and delivered more than 310,000 vehicles.

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