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Showing posts with the label Tesla fired 'hundreds' of workers this week

Tesla fired 'hundreds' of workers this week

The company attributed the departures to performance reviews. Tonight   The Mercury News  reports that Tesla -- which is in the midst of ramping up production of the  Model 3 -- fired hundreds of workers this week at its headquarters and factory. In a statement, the company cited performance reviews as a reason for departures from its workforce of more than 33,000 and said that it is continuing to grow. Workers the paper spoke to estimated some 400 - 700 workers have been fired, however, the company indicated that overall attrition is similar to last year. Currently, we're still anticipating updated  Model 3  production numbers (it only made  260 in Q3 ) when Tesla reports its earnings in a few weeks, as well as the  unveiling of its electric semi on November 16th . Tesla: Like all companies, Tesla conducts an annual performance review during which a manager and employee discuss the results that were achieved, as well as how those results were achi...