I hate when companies say they're "forced" to do layoffs. Elon could easily pay six figure salaries to 14,000 people for over a decade before he noticed even the slightest change to his net worth. What they really mean is that by upending the lives of 14,000 families, they're hoping to get a temporary bump in the stock price this quarter so they can buy another yacht.
this post was submitted on 15 Apr 2024
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Avoid Musk at all costs.
It would be embarassing to drive a Tesla today, especially for the demographic that would buy these EVs.
You see one driving and you know the driver is a uninformed douchebag.
TBF they could have bought it before we knew he was crazy.
15th July 2018
That's when Musk called a diver who'd just rescued a bunch of kids, a paedophile after he showed up his magical cave diving robot that wouldn't fit in the cave.
Engineers have been calling him out for a decade, it’s just people told us “shut up, nerd! Elon is smarter than all of you! You are just jealous!”
It was honestly hard to parse how disgruntled workers from legitimate complainants. The diver comment was his Mask Off moment.
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While we don’t have an exact percentage, “more than 10%” means at least 14,000 employees will be laid off
Surprisingly I thought it would be a bigger number.
Rumors are 20% actually.
There are numerous topics over on Reddit talking about "laid off this morning". There was no warning, they just got fired over the weekend.
What looks bad is the absolute urgency and callousness of this event. In fact, there are various laws at the state level (ex: California's WARN laws: https://edd.ca.gov/en/jobs_and_training/layoff_services_warn), that require 60-days notice before a mass firing. So this "weekend layoff" is straight up illegal in some areas of the country.
Business have a ton of precedent these last few years that following laws isn't cost effective. The fine is far cheaper.
The "fine" is backpay for all the employees for months.
Its cheaper to not pay lawyers and just do the right thing, rather than fight it and backpay all of the laid off workers anyway. WARN laws are serious, and have serious precedent. You ain't gonna win vs them in court.
Collect interest on the pay they withhold, pay out eventually and probably still come out ahead. If the fine is just paying what's owed, that's not a fine that's simply restitution. I don't know anything about WARN but i have seen week of layoffs, no notice layoffs, no notice furloughs and a plethora of other, probably illegal shit in upstate NY in a lot of mfg facilities.
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That's never deterred Musk
Usually you just tell them they are employed for 60 more days but are not required to come to work or do any work. Are the people on Reddit saying they are getting no more pay?
I don't think that law means what you think it means. They can just give you 60 days severance, they are not required to have you keep working.
Also, I would not be surprised if they extensively use contractors, which don't have the same protections.
Then again, this is Musk, who reneged on his Twitter severance plans and got sued. So he very well could be trying to pull some bullshit again.
I don’t think that law means what you think it means. They can just give you 60 days severance, they are not required to have you keep working.
These aren't programmers where severance is better (you don't want a toxic programmer messing up your codebase). These are factory workers who would have been productive if they kept working.
IE: This is a stealth factory idle. Likely because of how much the sales have dropped for Tesla. This is IMO very bad news for what Tesla expects in the near future for their sales / revenues / profits.
Cutting contractors doesn't count as a "layoff". So in addition to cutting FTEs, there could be a massive number of contractors being cut loose additionally.
But didn't you hear they're rolling out robo taxis by August 🙉
"We have full self driving TODAY, this is something we can do TODAY!" - Elon Musk 2017
Still isn't here in 2024...
there's nobody left to buy him out so he's finally going to have to figure out what step 2 is
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Beginning of the end.
That should be useful for the UAW's effort to organize Tesla in the US.
Another bump on the way down that is leaving Elmo in place.
Tesla board, wake up.
If not for Elon, I probably would have ended up with a Tesla for my recent EV purchase.
I feel sorry for these workers. I wish Elon wasn't such a piece of shit.
Folks waking up to the ugliness
If you work for Musk or Bezos, you have to know your job is not secure.
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