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Tesla to Cut 10% of Jobs

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Re: Tesla to Cut 10% of Jobs

#121

Post by sokoloff »

treis wrote: post #103
massysett wrote: post #79

Earlier quoted context omitted.

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.

This is a "broken window" fallacy.

I think it's not the broken windows fallacy when it increases many remote workers' savings rate. That's different from the parable of paying a glazier for the window instead of a tailor for a suit, but rather having less money circulating in the economy when 20 days a month, I don't burn $5 of gasoline, eat a $2 lunch instead of a $15 lunch, and wear sweat pants instead of office clothes.

That could be $3000 of spending reduction for me that isn't replaced with $3000 of other consumption, but rather a significant portion of it goes into savings/investments.

Re: Tesla to Cut 10% of Jobs

#122

Post by say_it_as_it_is »

ericbarrett wrote: post #16

A 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…

Obviously, people who value their jobs show up earlier to claim a parking space and a desk. Coffee is for closers.

Re: Tesla to Cut 10% of Jobs

#123

Post by [deleted] »

_heimdall wrote: post #19
cmrdporcupine wrote: post #6

Uh,ok... Two days ago the "Who is hiring" thread here had something like 20+ software engineering positions for Tesla. https://news.ycombinator.com/item?id=31585021 More erratic decision making from Mr Musk. Like, I dunno, the time he told Twitter he was taking Tesla private while tripping on LSD. He needs to step aside from Tesla at this point.

That's actually pretty standard practice. An official layoff at a large company is going to be kept to a pretty tight circle until it is officially announced. It isn't uncommon for hiring managers to be unaware and only know that currently they have open head count, even if the plan in the works is to include open positions as part of the reduction in force.

[deleted]

Re: Tesla to Cut 10% of Jobs

#124

Post by dougmwne »

massysett wrote: post #79
procgen wrote: post #65

Earlier 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.

Or at they at home thinking about revamping their kitchens, bathrooms, gardens and upsizing the place they spend 23 hours a day?

Re: Tesla to Cut 10% of Jobs

#125

Post by hdjjhhvvhga »

cainxinth wrote: post #98
that_guy_iain wrote: post #36

Earlier quoted context omitted.

When people say "no space in the building to allocate a desk” they mean "No space to neatly put a desk." Companies have often shown repeatedly they can force desks into rooms when needed. Anyways, they can and will buy office space to put the desks when needed.

I once spent a summer internship working at desk and computer they put in the nook next to soda and chip vending machines. Got to say hi to everyone at snack time.

Oh man I'd definitely buy large headphones and a baseball cap with a huuuge bill!

Re: Tesla to Cut 10% of Jobs

#126

Post by jeffbee »

GuB-42 wrote: post #61
lapcat wrote: post #38

Earlier quoted context omitted.

Remember when Marissa Mayer eliminated WFH at Yahoo? Seemed to work out well for them.

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.

A measurable amount of Tesla’s profit margin comes from pre-selling a $10,000 software package that does not yet exist.

Re: Tesla to Cut 10% of Jobs

#127

Post by manuelabeledo »

jes wrote: post #85
raphaelj wrote: post #20

> 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.

> Musk is the world’s wealthiest individual.

On paper.

He bet big on EVs, which the market rewarded. Same happened with Microsoft and computers maybe thirty years ago, main difference being that Tesla is not holding a semi monopoly, and competitors are catching up quickly.

Re: Tesla to Cut 10% of Jobs

#128

Post by sokoloff »

JumpCrisscross wrote: post #110
fnordpiglet wrote: post #94

Earlier quoted context omitted.

But not because the CEO fired off an email based on his gut feeling about the economy. That’s wacky.

> not because the CEO fired off an email based on his gut feeling about the economy. That’s wacky. Elon's been off his rocker the last couple weeks. But this is just honesty. At the end of the day, this is the CEO's job. Some dress it up with more corporate speak. Others, like Elon, are more direct.

weeks?

I have a ton of respect for what he's accomplished, but from my perspective, I think he's been pretty chaotic in communications for years.

Re: Tesla to Cut 10% of Jobs

#129

Post by formerkrogemp »

Swenrekcah wrote: post #60
javajosh wrote: post #22

Earlier quoted context omitted.

I think it's a very high likelihood. Why? Because Musk is idea-driven and doesn't really care about money, so he is the perfect person to harness with financial and legal obligation, because he will continue to pull no matter what. Sure it's slavery with extra steps, plus so many people hate Musk there's not even a cultural downside!

Wait a minute.. Are you suggesting it’s slavery to hold a billionaire businessman to his contracts?

> Sure it's slavery with extra steps, plus so many people hate Musk there's not even a cultural downside!

Musk is a slave? Best conspiracy theory I've heard this month.

Re: Tesla to Cut 10% of Jobs

#130

Post by alfor »

adverbly wrote: post #23

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.

Depend on your values.

Most job are bullshit job these day.

A lot of companies are actively making society worse for their profits.

Almost all product fabrication have left the US for China.

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