TECHNOLOGY

Musk says Tesla needs to cut staff by 10%, pauses all hiring

In the email titled "pause all hiring worldwide," he said: "I have a super bad feeling about the economy."

In Summary

•In the email titled "pause all hiring worldwide," he said: "I have a super bad feeling about the economy."

by REUTERS Reuters
Technology
03 June 2022 - 10:17
Elon Musk
Elon Musk

Tesla (TSLA.O) chief executive Elon Musk said the electric carmaker needs to "make a roughly 10% reduction in staff," according to an email sent to executives on Thursday and seen by Reuters.

In the email titled "pause all hiring worldwide," he said: "I have a super bad feeling about the economy."

Tesla was not immediately available for comments.

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by REUTERS Reuters
Technology
03 June 2022 - 10:17

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