The world's richest man, who has run afoul of regulators before, is in their sights again as he tries to buy Twitter. It's raising questions about the SEC's ...
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Musk should expect a forced return to the office to generate immediate resignations, incremental loss of key talent over time, and diminished productivity ...
His recent praise for Chinese workers who are “burning the 3am oil,” as opposed to their American counterparts who “are trying to avoid going to work at all” belies the truth about what’s really going on in Tesla’s Chinese factories. With the cost of such care skyrocketing, demand far outweighing supply in most of the country, and frequent pandemic-related closures still the norm, being at home to care for family members is becoming a “must have” for many workers. Remote workers are better able to juggle the competing demands of work and child- and eldercare. “We’re not the same people that went home to work in early 2020,” the study notes. Elon Musk’s June 1 email to Tesla employees was titled, “To Be Super Clear.” His directive left no room for speculation: Everyone, at every level, was ordered to work a minimum of 40 hours per week, in-person, at the office. Microsoft’s 2022 Work Trend Index indicates that the majority of tech companies—and not Tesla—are on the right track: Based on a study over 31,000 employees around the world, it found that 52% are considering switching to a full-time remote or hybrid job this year.
By assuming that work from home and remote work can't be productive, Musk is making a common but potentially crippling leadership mistake.
He is the author of Leading Hybrid and Remote Teams: A Manual on Benchmarking to Best Practices for Competitive Advantage. Applied is adopting best practices to facilitate innovation in remote and hybrid work such as virtual asynchronous brainstorming to sustain a competitive advantage. Studies show that we do our best work through intrinsic motivation, which involves autonomy and control over our work as a fundamental driver of effectiveness. Such a focus on having employees be visible in the office speaks to a highly traditionalist leadership mindset, underpinned by the illusion of control. In fact, research using both surveys and behavior tracking from the early days of the pandemic has shown that remote work resulted in higher productivity. One of Musk’s false assumptions involves the idea that employees “pretend” to work from home.
In an internal email to Tesla executives on Thursday, CEO Elon Musk said he has a "super bad feeling" about the economy.
In an internal email to Tesla executives on Thursday, CEO Elon Musk said he has a "super bad feeling" about the economy and plans to cut 10% of Tesla's jobs. On Friday, the Labor Department reported the U.S. economy added 390,000 jobs in May, beating economist estimates of 325,000 jobs. Brainard said at least two more 50-basis point interest rate hikes is "a reasonable kind of path."
Tesla Inc Chief Executive Elon Musk said on Saturday that the electric vehicle maker's total headcount will increase over the next 12 months, but the number ...
Ahead of his emails on staffing levels, Musk on Wednesday in an email to Tesla employees issued an ultimatum to return to the office for a minimum of 40 hours a week. In another email to employees on Friday, Musk said Tesla would reduce salaried headcount by 10%, as it has become "overstaffed in many areas." Register now for FREE unlimited access to Reuters.com
Chief Executive Officer Elon Musk said Tesla Inc.'s total headcount will increase, a day after telling employees he plans to reduce salaried staff by 10%.
Elon Musk is reportedly planning to axe 10 per cent of Tesla staff, along with freezing hiring amid stalled Twitter deal, global macroeconomic conditions ...
Anyone who wishes to do remote work must be in the office for a minimum (and I mean *minimum*) of 40 hours per week or depart Tesla. It also cut salaries and furloughed employees in April 2020. Tesla has nearly 1 lakh employees worldwide and Musk cites his "super bad feeling" about the economy for reducing the workforce.
Tesla's employee headcount will rise over the next year, Elon Musk said Saturday -- despite an earlier report that he planned to make cuts at his company ...
Tesla’s employee headcount will rise over the next year, Elon Musk said Saturday — despite an earlier report that he planned to make cuts at his company over concerns about the economy. The multibillionaire’s tweet came two days after he told Tesla employees in an email that he has a “super bad feeling” about the state of the US economy, and needed to lay off around 10% of the electric car maker’s workforce, Reuters reported Friday. “Total headcount will increase, but salaried [sic] should be fairly flat,” Musk tweeted in response to a Twitter account predicting Tesla’s staff would rise over the next 12 months.
The Tesla CEO sent emails to employees this week saying he had a "super bad feeling" about the economy and needed to "pause hiring worldwide."
Musk wrote that the amount of hourly employees at Tesla would increase. Musk replied and said that the total number of Tesla employees hired would increase, but that salaried staff "should be fairly flat." - Elon Musk tweeted that the "total headcount would increase" at Tesla and salaried staff would stay "fairly flat."
Chief Executive Officer Elon Musk said Tesla Inc.'s total headcount will increase, a day after telling employees he plans to reduce salaried staff by 10%.
Remove some to bookmark this image. Elon Musk’s recent demand that all Tesla Inc. employees get back to their desks or find work elsewhere has made him the latest figurehead of the return-to-office movement and his salvo against remote work could embolden others to act. The hourly employee workforce will be expanded, according to the email, which was reported earlier by auto news website Electrek.
Elon Musk's Tesla has nearly 1 lakh employees worldwide. The CEO cites his.
In the first quarter, Tesla produced more than 305,000 vehicles and delivered more than 310,000 vehicles. Despite supply chain challenges and factory shutdown in China, Tesla earned $3.3 billion profit in the first quarter this year, registering $18.7 billion in revenue. To this Musk replied: "Total headcount will increase, but salaried should be fairly flat"
After Tesla chief Elon Musk's recent announcement that Tesla will reduce one-tenth of its workforce soon, the CEO goes on to state that the number of ...
Currently, Tesla employs around 99,290 workers around the globe. UPCOMING Musk tweeted, “Total headcount will increase, but salaried should be fairly flat."