251–260 of 613 posts
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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.
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Or were the sexual assault allegations part of the political attacks on him? How would you tell?
You would tell by checking whether he had been asked for comment on the story before making the claims that there would be political attacks on him, which would reveal that he tweeted a few hours after he learned of the story.
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Yahoo is an internet company. Tesla makes cars. Even for IT workers, I guess that sometimes you need to test on the actual hardware, and the factory is where most things happen. I am not saying that working from home is impossible, or that banning it is a good thing, but you can't really compare Yahoo and Tesla.
Those producing cars in the factory have never worked from home. The discussion is only about R&D, legal, finance whatever. And most of those don't differ significantly between Yahoo or Tesla.
For me personally, the train has left the station and I would not expect to ever consider a non-WFH job again in my career.
But that's a completely different question than asking whether companies that require physical attendance can in some cases out-compete those that don't. I think we have a tendency to project our wishes onto this debate, and not make an honest attempt at figuring out the truth.
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The fact that the USA hasn't invested in the necessary infrastructure doesn't change the conclusion that efficient public transport systems (see Europe, see China) have huge benefits relative to a system that relies almost entirely on individual vehicles.
Do you have any idea of the SIZE of some States and distances between HOMES, not just towns? Public transport is not feasible in some places, as are not bikes. Am I supposed to bike 30 miles for a gallon of milk? How do I bring it back?
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?
I really don't think Tesla employment count has that big an effect on the broader US economy. Do you?
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A measurable amount of Tesla’s profit margin comes from pre-selling a $10,000 software package that does not yet exist.
I don't think that's the case; they do an accounting thing where they store the money and don't register all of it as profits until they deliver a set of benchmark features. So some of it is recognized as profits right away because the car drives into a tree autonomously in a parking lot, or grinds the wheels against a curb when asked to self park, or when it slams on the brakes randomly when going under an overpass…
Also, this is supply chain related.
Recession or not, Musk's emails (the stoppage of remote work 2 days ago, and then yesterday's "super bad feeling") seem like reactionary outbursts than wise management. What was the point of pissing people off with the abrupt change to the remote work policy, only for the next day to announce imminent layoffs?
He went a bit too far with the Twitter buyout stunt.
Honestly, he should just get off social media and take a vacation or something. But of course he’s too egotistical to do that and will try to muddle his way through it. Its amusing to watch as an outsider but I can’t imagine its a lot of fun for people at Musk companies (+ Twitter).
Let me get this straight: "Work 80 hr weeks! Be just like me!" Musk: becomes worlds richest person Employees: laid off What planet do you live on where you see this as a sustainable, world-improving system for the world and for compensation? Anyone that works 50 hr weeks for this dude is out of their mind.
How about reading the article instead of the headline. "Tesla CEO Elon Musk has a “super bad feeling” about the economy and needs to cut about 10% of jobs at the electric carmaker" "Musk has warned in recent weeks about the risk of a recession, but his email ordering a hiring freeze and staff cuts was the most direct and high-profile message of its kind from the head of an automaker." "Musk’s gloomy outlook echoes re…
Probably in this case the shareholder representatives on the board are privately pressuring Musk to do layoffs. People seem either ignorant of this fact or unwilling to comment on this fact, but the major shareholders (mutual and institutional funds) can be seen here:
https://money.cnn.com/quote/shareholders/shareholders.html?s...
Maybe the bigger point is that while blue-collar workers in the USA have been treated like disposable units for years under the neoliberal program, now the white-collar workers who thought they were above all that are going to get the same treatment, much to their shock and dismay. Should have seen it coming.