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Tesla to Cut 10% of Jobs

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Re: Tesla to Cut 10% of Jobs

#341

Post by kube-system »

photochemsyn wrote: post #199
tnel77 wrote: post #181

Earlier quoted context omitted.

That’s neat, but the USA has garbage public transport. Many towns just have none. I think it’s unreasonable to expect people to use a resource that just isn’t there in most cases.

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.

We’ve built so much sprawl that it’s difficult to make an efficient transport system that makes the types of trips that people now want to make.

Everyone chooses where to put homes and workplaces with transportation in mind.

In the UK people who commute by rail commute an average of 235 miles per year. [0]

I’ve had commutes of 150 miles per day. (Or 30,000+ miles per year) although that’s on the high end of what Americans might do.

The typical commute for people in my last office job was 30-50 miles per day. About 10,000 miles per year. About 1-2% of the people in our office lived in the same town as the office. This is in a top-50 metropolitan area of the US.

[0]: https://www.statista.com/statistics/466097/average-distance-...

Re: Tesla to Cut 10% of Jobs

#342

Post by lupire »

flutas wrote: post #324
ethanbond wrote: post #218

Earlier quoted context omitted.

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.

> I think we can assume pretty slimy tactics from Musk. I personally think we can assume slimy tactics from everyone involved. Did Musk do what he was accused of? Knowing his attitude most likely. Did someone also have very large shorts opened on Tesla right before the story dropped, to expire a day later? Yep. https://twitter.com/unusual_whales/status/152743945535046860...

Not everyone, but yes a convicted securities fraudster (Henry Blodget) runs a news site that has now published two sexual harassment stories about two different companies, on two different dates (respectively), that both had unusually large shorts expiring.

Re: Tesla to Cut 10% of Jobs

#343

Post by lupire »

throwawaybobby wrote: post #329
flutas wrote: post #324

Earlier quoted context omitted.

> I think we can assume pretty slimy tactics from Musk. I personally think we can assume slimy tactics from everyone involved. Did Musk do what he was accused of? Knowing his attitude most likely. Did someone also have very large shorts opened on Tesla right before the story dropped, to expire a day later? Yep. https://twitter.com/unusual_whales/status/152743945535046860...

That someone could be him, since he knew the story was going to break and tank the stock.

This has happened at least twice, and the first time didn't involve Elon/Tesla, but did also involve Business Insider.

Re: Tesla to Cut 10% of Jobs

#344

Post by mabbo »

It's really starting to feel more and more like the end of 2007 and start of 2008. Stocks on a steady downward trend. Layoffs starting here and there. Growth slowing across various industries.

I took a macro economics course at university that year, taught by a professor who was just about to retire after 40 years of teaching the subject. He was blunt with us: "I don't know what's going to happen, but I bet it's going to be interesting!".

I don't even know if he's still alive (he was in his 70s then and still teaching!) but I bet if he is, he's saying the same things now.

Re: Tesla to Cut 10% of Jobs

#345

Post by notabee »

hedora wrote: post #317
PheonixPharts wrote: post #269

Earlier quoted context omitted.

I'm suspecting that we'll see forced return to office as a way to implement layoffs without as much bad PR. Stock will go up since costs will drop, but management will be able to say that is more an issue with return to office rather than a company failing. "We're doing great, it's just that some employees don't share our commitment and focus on doing things well, and making our mission a priority." There has been a…

Here's the covid sewage data for Silicon Valley: https://covid19.sccgov.org/dashboard-wastewater A week or so ago, it didn't look too bad. It is indeed much worse than I realized right now.

I think the parent poster might also be talking about consequences, such as this gem that the CDC dropped recently. 20% of the working age adult population possibly having new onset long term health effects. Oops! (And that's not even getting into things like whether certain chopped up viral fragments might be seeding protein tangles and thus Alzheimer's or Parkinson's.)

>These findings translate to one in five COVID-19 survivors aged 18–64 years, and one in four survivors aged ≥65 years experiencing an incident condition that might be attributable to previous COVID-19.

https://www.cdc.gov/mmwr/volumes/71/wr/mm7121e1.htm

Re: Tesla to Cut 10% of Jobs

#346

Post by femiagbabiaka »

SpicyLemonZest wrote: post #308
femiagbabiaka wrote: post #257

Earlier quoted context omitted.

If you seriously believe this I have a bridge to sell you LOL. Elon has a history of shilling FSD and FSD payments at let’s say… opportune times in history when Tesla was at risk of running out of runway.

I'm not sure what you mean by "runway" in this context. I think you may be working off of old memes - Tesla has been profitable since 2020.

2020 was 2 years ago.. history older than 2 years ago is not "old" in any sense of the word, and if it was.. does that matter?

Re: Tesla to Cut 10% of Jobs

#347

Post by lupire »

hedora wrote: post #317
PheonixPharts wrote: post #269

Earlier quoted context omitted.

I'm suspecting that we'll see forced return to office as a way to implement layoffs without as much bad PR. Stock will go up since costs will drop, but management will be able to say that is more an issue with return to office rather than a company failing. "We're doing great, it's just that some employees don't share our commitment and focus on doing things well, and making our mission a priority." There has been a…

Here's the covid sewage data for Silicon Valley: https://covid19.sccgov.org/dashboard-wastewater A week or so ago, it didn't look too bad. It is indeed much worse than I realized right now.

Meh. Wastewater has everything in it, but not things aren't checked for. Covid is now too broad a term that includes far less dangerous variants.

You need to draw a line between Covid and colds, or else count colds like Covid.

Re: Tesla to Cut 10% of Jobs

#348

Post by PheonixPharts »

ericmay wrote: post #310
PheonixPharts wrote: post #269

Earlier quoted context omitted.

I'm suspecting that we'll see forced return to office as a way to implement layoffs without as much bad PR. Stock will go up since costs will drop, but management will be able to say that is more an issue with return to office rather than a company failing. "We're doing great, it's just that some employees don't share our commitment and focus on doing things well, and making our mission a priority." There has been a…

The main issue with that approach is that you basically also lay off all of your good workers who prefer remote. Maybe it's worth the cost for employers. Idk. We're remote-first and hiring. Looking forward to chatting with these employees once companies try and implement their in-office policies.

Been through a couple of layoffs at a variety of different companies through out my career and personally managed to dodge the bullet each time (so this isn't a sour grapes type response). It is very important to recognize: who gets laid off has nothing to do with whether or not they are a "good worker".

The "good worker" narrative is there to justify management's decisions and reduce survivor's guilt, but you'll see when layoffs come amazing talent and mediocre talent are equally removed. Management has zero problem laying off incredible people en masse.

Re: Tesla to Cut 10% of Jobs

#349

Post by NoGravitas »

saalweachter wrote: post #69
turtledove wrote: post #50

Earlier quoted context omitted.

Putting someone in a hallway might technically meet the requirement of having a desk, but not the spirit of having a desk.

And while I know everyone is into breaking regulations, both fire codes (for density and exit corridors) and OSHA (for number of employees per toilet) limit the number of desks in an office.

Disruption!

Re: Tesla to Cut 10% of Jobs

#350

Post by haspok »

dharmaturtle wrote: post #332
belter wrote: post #274

Earlier quoted context omitted.

Slimy tactics? From the person that said one of his companies can fix Spinal and Brain injuries?: https://youtu.be/cgyFL5Hzy-s?t=1312 Surely...

Meh. The youtuber criticizes Musk's statement "This is something we could fix" by saying "He does not say 'This is something we _might_ be able to fix.'" Seconds later, the youtuber goes on to criticize Musk's disclaimer of "I'm not saying this is going to solve everything... it's something that _might_ be helpful." You just can't win with these "skeptics".

Another golden Musk gem: "I am very confident that...".

The guy doesn't say anything, yet he makes everyone believe he did. Genius. The best salesperson in the world for sure.

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