After the Work-from-Home Diktat, Elon Musk says Tesla has to lay off 10% of its workforce and put hiring on hold.
Tesla CEO Elon Musk has stated that the electric automaker has to downsize its workforce by roughly 10% after requesting employees to physically join the workplace or resign.
According to a Reuters article citing an internal email, Musk reportedly indicated he had a "very awful vibe" about the economy.
"Pause all hiring globally,' said the email addressed to Tesla management on Thursday.
Tesla's CEO recently ordered its employees to either return to work and work from a Tesla office or resign their positions.
Elon Musk stated in an email that went viral on Twitter that working from home was no longer allowed at Tesla.
Musk's approach comes when COVID-19 cases in the United States and offices are opening up.
"Anyone who wants to work remotely must be in the office for a minimum (and I mean a minimum) of 40 hours per week, or they will be fired from Tesla."
This is less than what we expect from manufacturing workers.
"We'll presume you've quit if you don't show up. According to a leaked email supposedly written by Musk,
Musk also stated that if there are any 'special workers' in the workplace who cannot meet the minimum hours required, he will personally evaluate and approve their cases.
"If there are any extraordinary contributors for whom this is impossible, I will personally examine and authorize such exclusions." In the leaked email, Musk stated
Moreover, the 'office' must be a primary Tesla office, not a remote branch office unrelated to the job tasks, such as being in charge of human relations at the Fremont factory but having your office in another state, "he added.
"Thank you, Elon," he penned.
The IG Metall union in Berlin-Brandenburg-Sachsen, where Tesla's plant is situated, has spoken out against Musk's request, saying it will defend any employee who opposes it.
Tesla has a staff of roughly 4,000 workers in Germany, with aspirations to increase to 12,000 personnel.
"Whoever does not agree with such one-sided demands and wants to oppose them in Germany has the legal support of unions." IG Metall's district head in Berlin-Brandenburg-Sachsen, Birgit Dietze, stated.
The Tesla CEO, Elon Musk, recently declared his intention to buy Twitter, but the deal has been put on hold due to outstanding specifics on spam and bogus accounts. "The Twitter purchase is now on hold for details supporting the calculation that spam/fake accounts account for fewer than 5% of all accounts." "'Users,'" Musk wrote in a tweet.
On the other hand, Musk has stated that he is still committed to the acquisition in a tweet. "Acquisition is still on the table."
In a filing last month, Twitter stated that there were less than 5% of fraudulent or spam accounts on its network in the first quarter of the financial year, which reflected its daily monetizable active users.
According to the article, "In the first quarter, the social media business offered ads to 229 million users," according to the article, "Reuters reported on May 2.
In a closing agreement, Musk, the world's richest man, bought Twitter entirely in April for $44 billion. Musk pledged various improvements to Twitter after signing the contract for the impending acquisition, including eradicating "spam bots." "One of his top goals is the platform.
On the Nasdaq, Tesla's stock was up $34.63, or 4.68 percent, to $775 per share.