Tesla CEO Elon Musk sent an email to executives saying the automaker needs to cut about 10% of salaried staff and pause hiring, according to a report by Reuters.
Musk sent the email Thursday, saying he has a "super bad feeling" about the economy. It comes as Tesla has a slew of openings for positions in IT, engineering, manufacturing and other roles at its headquarters in southeast Travis County.
Musk has previously promised thousands of jobs at Giga Texas. In documents filed with local government entities, Tesla said it would hire at least 5,000 to work at the factory, and tweeted in March 2021 that the company would need more than 10,000 people at the site through 2022.
Tesla’s annual SEC filing showed that 100,000 people were employed at Tesla and its subsidiaries at the end of 2021.
Musk has announced cuts before, like in 2018 when he told employees the company would need to let go of about 9% of its workforce.At that time, Musk had sent a letter saying, “I also want to emphasize that we are making this hard decision now so that we never have to do this again.”
- Quirk in law means Teslas made at Giga Texas will ship out of state ... ›
- Tesla driven by drunk teen bursts into flames in Tarrytown crash ... ›
- Tesla smashes into pole, spins out in Jared Padalecki's car wreck ›
- Tesla 2021 year in review for austin - austonia ›
- Austin environmental groups call on city to hold off on approving ... ›
- Elon Musk announces April 7 grand opening party for Giga Texas ... ›
- Del valle ISD partners with Tesla in high school grad program ... ›
- PHOTOS: Peek inside the Tesla Gigafactory producing Model Ys in ... ›
- The wave of quits in the pandemic has led to some to better workplaces and others back to their old employers - austonia ›
- 'Ghosting' employers becomes a new trend in austin market - austonia ›
- Austin companies dominate Inc. 5000 rank of fastest-growing companies - austonia ›
- Employees challenge the eight-hour workday with quiet quitting - austonia ›
- How a dip in tech job openings is connected to Austin's cooling housing market - austonia ›
Show your love for Tito's and for the community this year with a wide selection of not that ugly, uglyish, ugly, uglier, and ugliest holiday sweaters.
There's lots choose from, and plenty of accessories like scarves and socks, plus gear for your dog, too.
All of the items can be purchased online or at the Love, Tito’s Retail Store in Austin, TX. 100% of all net proceeds from online or in-store purchases go to one of the nonprofits we’ve teamed up with.
🗓 All weekend
Check out this highly anticipated art exhibition with illuminated art along Waller Creek. Tickets are free and the event includes food vendors, dazzling lights, live music, and hands-on activities
All weekend 6 p.m - 10 p.m | 📍Waterloo Park
This iconic holiday tradition lights up for the first time this holiday season starting this weekend! Reserve your spot for an enchanting light and sound performance, delicious hot cocoa, sweet treats, and some overall fun with your friends or family. The show runs till January 6th.
6 p.m and 9 p.m | 📍Mozart's Coffee Roasters - 3825 Lake Austin Blvd, Austin, TX 78703
This fitness event is free and open to the public. Get your morning started right with a "Fitness in the park" class for kickboxing! The class will be led by certified instructors and is a great way to get a cardio workout in while also honing your self-defense skills.
10 a.m - 11 a.m | 📍 Metz Park
Support local LBGTQ+ and female artists at this outdoor market with over 150 vendors. Get your holiday shopping out of the way at this event, with vendors for food trucks, handmade goods, raffles, hands on workshops and activities, and more.
Did someone say cheese?! If you're like me and always willing to get your hands on a bowl of mac and cheese, then this event is for you. Check out the Mac and Cheese festival happening this weekend to decide which vendor has. the best mac and cheese for yourself, and enjoy the bar with creative cocktails while you're at it. Tickets start at $45.
11 a.m - 3 p.m | 📍Lantana Place - 7415 Southwest Parkway