Posted by : Brij Bhushan Tuesday 17 October 2017


After San Jose Mercury News first reported Friday that Tesla was firing 400 to 700 employees of the motors division, speculation swirled. The Model 3 was behind schedule, and terminating workers in the division seemed a less-than-ideal way to solve its current production issues. A CNBC report today paints a different picture, albeit one that could be far worse: the layoffs may have been a cost-cutting measure, having nothing to do with performance. “Seems like performance has nothing to do with it,” one Tesla employee told CNBC. “Those terminated were generally the highest paid in their position,” this person said, suggesting…

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