So.. Did I get this right now? In order to avoid effects of a hypothetical recession, Tesla will cut 10% of the jobs and by doing that, Tesla will be one of the bigger causes of that recession to actually take place?
Tesla to Cut 10% of Jobs
211–220 of 613 posts
Re: Tesla to Cut 10% of Jobs
#212Earlier quoted context omitted.
Is remote work hammering the economy? What effect does it actually have on productivity?
It's keeping a lot of people at home who otherwise would be in downtowns or suburban office districts buying lunch, having clothes drycleaned, stopping in stores, buying gas, etc.
will the stop spending altogether? They ll spend on other things
Re: Tesla to Cut 10% of Jobs
#213Earlier quoted context omitted.
This is par for the course. Every time there is big news expected, Elon’s antics are elevated and a coordinated distraction by way of a tweet is posted. See the “political attacks on me” tweet as an example, which coincidentally was posted the day prior to his sexual assault allegations. The man has bought Twitter for the purposes of distracting and manipulating the public.
Or were the sexual assault allegations part of the political attacks on him? How would you tell?
There was a settlement. He can sue for defamation.
Re: Tesla to Cut 10% of Jobs
#214Earlier quoted context omitted.
Yeah, his directive seemed obviously aimed at getting people to quit. As I have understand it, legally, that's transparently the same thing. Hence his very public hiring of lawyers whose qualifications are "fighting" to discourage employees from seeking what they are owed.
I think it's not legally the same thing. Since doing things to get people to quit have to be larger than you need to work at your place of employment. It's moving them across the country, making them work unsocialable hours, etc. Not returning to the office, which the goverment actually wants. Remote work is bad for the economy.
The particulars of whether something is good for bad for the economy, or even good or bad for Tesla is irrelevant. If there was a reasonable understanding or agreement by both parties that you would be able to work from home for a certain period of time, and you're forced into the office, that's an arguable case for constructive dismissal.
Re: Tesla to Cut 10% of Jobs
#215The board should start with Mr. Musk.
Re: Tesla to Cut 10% of Jobs
#216Doesn't these company fire the low 10% ranked employer like every year? Maybe it's news this year because it stopped the during covid, but it's a pretty standard modus operandi.
Re: Tesla to Cut 10% of Jobs
#217Earlier quoted context omitted.
Is remote work hammering the economy? What effect does it actually have on productivity?
Unemployment in city centers and businesses reliant upon the city commuter and office crowd are not doing well. The unemployment rate of Manhattan is still pretty high for instance. A lot of remote workers have priced out local service workers in some small towns, so some restaurants and businesses are now more or less permanently closed due to short staffing. They can't afford to live where they work so they moved.…
hasnt the pandemic been a much bigger shock than remote work ?
Re: Tesla to Cut 10% of Jobs
#218A couple of days ago somebody posted this Reddit thread: https://old.reddit.com/r/cscareerquestions/comments/v2lpdw/e... "Tesla expanded massively during Covid, as of now half of the dev team(including me) don’t have parking space or desk. It’s physically impossible for everyone to return to office. "Should I ignore the email, or should I drive to the office and sit under the stairs?" Commenters' general feeling was…
This reminds me of Musk's recent comments about "political attacks against him in the coming days". It has since been learned that he had been reached by Business Insider to comment about the sexual abuse case beforehand. He already knew that an article against him was coming so he framed the narrative before it even reached the public. I would not be surprised this was the same here. Tell everyone "Leave if you don'…
Yeah, since the BI story – and in particular his attempt to frontrun it and turn his personal legal troubles into a culture war battleground – I think we can assume pretty slimy tactics from Musk.
Re: Tesla to Cut 10% of Jobs
#219> Elon Musk feels ‘super bad’ about economy Considering how bad Elon is at making predictions, this is actually great news.
Can you say more? Musk is the world’s wealthiest individual. I’m having trouble seeing see how being bad at making predictions results in that outcome.
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Re: Tesla to Cut 10% of Jobs
#220Earlier quoted context omitted.
This is par for the course. Every time there is big news expected, Elon’s antics are elevated and a coordinated distraction by way of a tweet is posted. See the “political attacks on me” tweet as an example, which coincidentally was posted the day prior to his sexual assault allegations. The man has bought Twitter for the purposes of distracting and manipulating the public.
Or were the sexual assault allegations part of the political attacks on him? How would you tell?
Of course, it's not really so easy to tell. A lot of people select a certain narrative beforehand, and then adapt their interpretation of the facts to match it in retrospect. Or maybe they just made an honest attempt at figuring out the truth. And they're wrong. Or they're right.
The world is really complicated, and figuring out the truth from subtle signals is really hard. At best it's a game of probabilities, and I don't think we're often seeing the best in short-form comments on the internet.
A lot of commentary I see regarding the most successful entrepeneurs really triggers my suspicion for fallacious thinking, most often confirmation bias for a worldview where "the rich" are out to get everyone else and therefore are expected to lie all the time. I think that generally, the most correct explanations for the comments and behavior or entrepeneurs like Elon Musk are much more complex than that.
One thing though; I've become quite jaded towards this after seeing the firehose of lies and distortions regarding the Model 3 production ramp-up in 2017-18. It's hard to take any direct skeptical claim at face value after seeing that; the best I can do it noting that someone said this and concluding "not enough information yet to be certain".
Occasionally, there really is a conspiracy, in the sense that a lot of people have a vested interest in having things perceived a certain way. Don't dismiss the idea just because it has the word "conspiracy" in it.