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☆ Tesla sends some laid-off workers new severance offers after Elon Musk said some were 'incorrectly low' the first time
  + stars: | 2024-04-19 | by ( Grace Kay | ) www.businessinsider.com   time to read: +3 min
Read previewSome laid-off Tesla workers received new severance offers that included more money and longer coverage of benefits on Thursday night. Tesla CEO Elon Musk appeared to acknowledge the company had initially sent out faulty severance packages. Related storyUnlike early severance offers that were sent to some workers on Tuesday night, the new packages appear to vary between employees. Within a few hours, the workers received severance offers with slightly higher pay, those workers said. Another worker said they were offered three months' worth of severance pay and three months of paid COBRA coverage.
Persons: —, Tesla, Elon Musk, Musk, who'd, they'd Organizations: Service, Business, Tesla, Worker, BI
☆ We now know more about where Tesla is slashing jobs
  + stars: | 2024-04-18 | by ( Grace Kay | ) www.businessinsider.com   time to read: +2 min
Tesla has laid off 280 workers at its Buffalo, New York facility. Elon Musk told Tesla staff he was cutting more than 10% of the company's workforce. The Buffalo site is used for training Tesla's driver-assist software, and energy storage products. On Sunday night, Tesla CEO Elon Musk told staff the company was cutting more than 10% of its workforce. AdvertisementTesla's Buffalo site is used as a site for the company's data analysis to train its Autopilot and so-called Full Self-Driving software.
Persons: Tesla, Elon Musk, —, who'd Organizations: Service, Worker, Business Locations: Buffalo , New York, Buffalo, New York, Tesla, California, Texas
☆ Tesla layoffs have reportedly also hit its international offices
  + stars: | 2024-04-16 | by ( Grace Kay | ) www.businessinsider.com   time to read: +3 min
Elon Musk announced a 10% Tesla workforce reduction in an email to staff on Sunday night. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementTesla's layoffs will also reportedly impact its international workers. On Monday, some US Tesla employees were told during an all-hands meeting there would be further cuts outside North America, two sources told BI. Separately, Tesla started instructing managers in February to identify which roles at the company were business-critical and had temporarily delayed performance reviews.
Persons: Elon Musk, they'd, —, Workers who'd, Tesla, Musk Organizations: Reuters, Service, Business Insider, Workers, EV, BI Locations: Berlin, China, Germany, North America, Buffalo , New York
☆ Elon Musk reportedly prefers to hire people who've never been laid off
  + stars: | 2024-01-30 | by ( Grace Kay | ) www.businessinsider.com   time to read: +2 min
Elon Musk reportedly still has a hand in hiring at X — and he's got some clear preferences. In an anonymous interview with Fortune, a person involved in hiring at X broke down how to get hired at the company. Musk, who handed over the title of CEO to Linda Yaccarino last year, used to be involved in directly interviewing potential hires. He has since taken to reviewing applications and giving yes or no answers to hires, the person said. Musk has laid off his fair share of workers.
Persons: Elon Musk, he's, Fortune, Musk, Linda Yaccarino, who'd, he'd, it's Organizations: SpaceX, Business Locations: Austin , Texas
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