Tesla to Cut 10% of Jobs • Hacker News Board

Re: Tesla to Cut 10% of Jobs

#31

Post by that_guy_iain » Fri, Jun 03, 2022, 1:14 PM UTC

alkonaut wrote: post #24

that_guy_iain wrote: post #11

Earlier quoted context omitted.

Well, that happened yesterday and is probably part of their process of reducing numbers by 10%. It's better if they quit than if they're laid off.

Except if yo lay off 10% you get to cut (at least some of) the 10% you want to get rid off. And if you rely on persuading people to quit by reducing satisfaction, you'll get rid of a large chunk of the 10% best employees instead.

Not really. The people who will flee because of this will also flee because of layoffs and look for somewhere more secure.

And everyone is acting like the best employees are going to be the ones quitting. Nah, the best employees are highly engaged employees not ones that are technically talented but will flee just because they have to go to an office. Your most technically talented employees are often not your best employees nor your most valuable. They're important and expensive, but the person in ops that gets paid a low salary but knows the ins and outs of everything and knows how to troubleshoot everything to the point that stuff is fixed is vital. A software developer who is really smart can and will be replaced.

There will be HR people working on retention of top employees as we speak. https://www.mckinsey.com/business-functions/m-and-a/our-insi... gives an insight into this when it comes to M&As

Re: Tesla to Cut 10% of Jobs

#32

Post by hooande » Fri, Jun 03, 2022, 1:16 PM UTC

alkonaut wrote: post #15

> The message, sent on Thursday and titled “pause all hiring worldwide”, came two days after the billionaire told staff to return to the workplace or leave So people who claimed less than 24h ago it was at lest partially a way of creating cheap layoffs, were proven right pretty swiftly.

It's hard to imagine that severance from a 10% layoff is a significant cost for a company of Tesla's size and revenue. It's not small by any means, but not necessarily worth a complicated scheme in relative terms

Re: Tesla to Cut 10% of Jobs

#33

Post by xxs » Fri, Jun 03, 2022, 1:16 PM UTC

that_guy_iain wrote: post #10

Everyone has a super bad feeling about the economy. I think most large companies are going to be announcing back to office then followed by layoffs.

It won't be 2007-2008 bad, but there will be a recession. First lay offs tend to be the R&D.

Re: Tesla to Cut 10% of Jobs

#34

Post by dionidium » Fri, Jun 03, 2022, 1:16 PM UTC

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.

People should be free to make that decision for themselves. At a low enough resolution basically nobody works at Tesla. It's a big world and there are lots of options.

Re: Tesla to Cut 10% of Jobs

#35

Post by toqy » Fri, Jun 03, 2022, 1:16 PM UTC

watwut wrote: post #27

that_guy_iain wrote: post #11

Earlier quoted context omitted.

Well, that happened yesterday and is probably part of their process of reducing numbers by 10%. It's better if they quit than if they're laid off.

> It's better if they quit than if they're laid off. For who?

The company, because of unemployment benefits, is what I assume they are saying. You're not eligible if you just quit, you are if you're laid off / fired.

Re: Tesla to Cut 10% of Jobs

#36

Post by that_guy_iain » Fri, Jun 03, 2022, 1:16 PM UTC

kenferry wrote: post #28

that_guy_iain wrote: post #18

Earlier quoted context omitted.

They can and will buy desks.

When people say “no desk” what they mean is “no space in the building to allocate a desk”.

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.

Re: Tesla to Cut 10% of Jobs

#37

Post by sillysaurusx » Fri, Jun 03, 2022, 1:17 PM UTC

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.

There’s a more general idea here: don’t work more than you want to, after the amount you’re required to.

Re: Tesla to Cut 10% of Jobs

#38

Post by lapcat » Fri, Jun 03, 2022, 1:17 PM UTC

alkonaut wrote: post #15

> The message, sent on Thursday and titled “pause all hiring worldwide”, came two days after the billionaire told staff to return to the workplace or leave So people who claimed less than 24h ago it was at lest partially a way of creating cheap layoffs, were proven right pretty swiftly.

Remember when Marissa Mayer eliminated WFH at Yahoo?

Seemed to work out well for them.

Re: Tesla to Cut 10% of Jobs

#39

Post by 0daystock » Fri, Jun 03, 2022, 1:17 PM UTC

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.

You act like exploitation of employees is exclusive to Tesla, or even the tech industry. The reality is far worse than you can even imagine.

Re: Tesla to Cut 10% of Jobs

#40

Post by kochindustries » Fri, Jun 03, 2022, 1:18 PM UTC

kenferry wrote: post #28

that_guy_iain wrote: post #18

Earlier quoted context omitted.

They can and will buy desks.

When people say “no desk” what they mean is “no space in the building to allocate a desk”.

This is Tesla, office workers will soon find themselves working in a tent.