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Elon Musk Said To Cut Tesla Staff By 10 Percent, Pause Worldwide Hiring: Latest Updates!!!

HIGHLIGHTS:

  • Musk would “evaluate and approve” any cases, according to the email, which was headlined “stop all recruiting worldwide.”
  • Tesla is the latest company to require a return.

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INTRODUCTION:

Elon Musk Updates: Tesla CEO Elon Musk stated in an internal email acquired by Reuters that he had a “really bad feeling” about the economy and that the electric carmaker needed to cut nearly 10% of its workforce. Tesla executives got an email on Thursday with the subject “halt all hiring worldwide.” Tesla did not immediately respond to a request for comment. According to Musk, Tesla employees were offered the option of returning to work or leaving the company early this week. “Everyone at Tesla is required to work at least 40 hours per week,” Musk said in another email to employees on Tuesday night.”We’ll think you’ve resigned if you don’t show up.”

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About Elon Musk

”They should pretend to work somewhere else,” the billionaire, who has suggested to take Twitter private in a $44 billion (approximately Rs. 3,37,465 crore) deal, remarked in response to the memo that was sent from an unverified account.According to the memo, Musk would “review and approve” any circumstances where the minimum was not met.Tesla has joined a growing list of corporations that have made it mandatory for employees to return to work. While some large companies have made voluntary work-from-home arrangements permanent, others, such as Alphabet’s Google, believe it is ideal to encourage in person contact between co-workers’ March, Twitter CEO Parag Agrawal said that the company’s headquarters will reopen, but that workers could still work from home if they so desired.In a tweet dated March 3, Agrawal added, “Wherever you feel most productive and creative is where you will work, and that includes working from home fulltime forever.”Meanwhile, Meta, the corporation that owns Facebook, said in April that COVID19 boosters are no longer required for employees to enter its headquarters in the United States, according to a company representative. The social media business earlier stated that all employees returning to work will be required to show documentation of booster shots while the Omicron variant problem was being examined.Musk praised Biden in a tweet a few minutes later. In Ohio, Intel is constructing a $20 billion chip facility that will employ 3,000 workers. According to Intel, around 7,000 construction jobs will be created, as well as thousands of extra technical employment, as well as indirect jobs in restaurants, health care, housing, and entertainment. Other concerns may have been impacting on Tesla’s stock on Friday.More than 750 Tesla owners have complained to government regulators that cars equipped with the automaker’s semi autonomous driving systems have abruptly stopped on highways for no apparent reason.The number was released by the National Highway Traffic Safety Administration in a detailed information request letter to Tesla that was published on the agency’s website. It’s the Texas automaker’s fourth formal probe in the last three years, and the NHTSA has overseen 23 Tesla recalls since January 2021.

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