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Tesla to Cut 10% of Jobs

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Re: Tesla to Cut 10% of Jobs

#421

Post by mempko »

infamouscow wrote: post #315
mbesto wrote: post #141

Earlier quoted context omitted.

> I see an ongoing, what appears to be coordinated, attempts in the mainstream/social media to paint him as crazy. The parent never used the word crazy, you did. His behavior is erratic. I don't know how that's not obvious to anyone watching him. Does it make him crazy? I don't know, but he is most certainly erratic.

So he should be condemned because he behaves differently than you? As a reminder, this kind of thinking lead to the worst atrocities of 20th century history.

The people who committed those atrocities were erratic.

Re: Tesla to Cut 10% of Jobs

#422

Post by alkonaut »

chasd00 wrote: post #92
alkonaut wrote: post #24

Earlier quoted context omitted.

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.

It would seem to me any time a 10% layoff is announced you can expect another 10% to leave over the next year. Smart people will see the writing on the wall and they always have a couple recruiters in their back pocket. Employers would want to layoff the bottom 10% obviously but they're going to shed serious talent too as they get the full court press from recruiters.

Maybe that's why the stack ranking/up-or-out systems are so pervasive. When companies cut 10% of employees every year there is no writing on the wall. When they want to reduce headcount by 10% they just slow hiring but keep firing that year. Much less obvious as a signal to get out, than a large axe.

Re: Tesla to Cut 10% of Jobs

#423

Post by daenz »

WoahNoun wrote: post #417
daenz wrote: post #399

Earlier quoted context omitted.

Again, in order to think it's slimy, you have to make assumptions about what is true. In the instance you just described, you still have to assume that the "hit piece" isn't because he was starting to lean more Republican. I don't think we know why the accusation re-surfaced, do we?

Most people don't change their political ideology based on sexual assault accusations. Even if they were false, why would that cause someone to join a party with a radically different view of society than their previous party?

>Most people don't change their political ideology based on sexual assault accusations

That's not the ordering of events I'm suggesting. People have commented over time how Elon has been "moving right" for some time now. I'm suggesting it's possible that the accusation re-surfaced in response to how his political alignment shifting overall. Him saying he's "switching parties" is a soundbite for the last 5 years of his politics.

Re: Tesla to Cut 10% of Jobs

#424

Post by ModernMech »

abhiminator wrote: post #404
pm90 wrote: post #259

Earlier quoted context omitted.

People have pointed out that he’s likely going through mental health issues and Im inclined to agree with them. 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…

It's sad really. I used to idolize him so much. I read through all of WaitButWhy's [0] blog post series on Musk back in '15/'16 and loved every bit of it. He literally became my demigod during my undergrad days. And from all that... to this? From a much admired and respected 'inventor' to a cringeworthy Twitter 'edgelord.' Just been a crazy ride. [0] https://waitbutwhy.com/2017/03/elon-musk-post-series.html

You've gotta ask yourself: has there really be a fall from grace? Because there are those of us who saw him as a cringeworthy Twitter 'edgelord' in 2015, and we don't notice much of a difference at all today. It's probably just that he's being more consistently overt about it, and his PR machine can't compensate.

Re: Tesla to Cut 10% of Jobs

#425

Post by RC_ITR »

huijzer wrote: post #409
Karawebnetwork wrote: post #209

Earlier quoted context omitted.

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'…

I'm starting to wonder more and more whether Musk has forgotten to think about the individuals negatively affected by his actions. I wouldn't be surprised if he really cares about humanity and wants to save the world by going to Mars, but I'm not so sure though whether the end justifies the means.

There’s a whole bunch of videos out there about “if you really care about humanity having new places to go, focus on Antarctica first since it’s here, has abundant fresh water, an atmosphere, and isn’t particularly colder than mars”

He’s Always been a sci go nerd who backsolves his narrative.

Re: Tesla to Cut 10% of Jobs

#426

Post by isbvhodnvemrwvn »

ryanbrunner wrote: post #193
_heimdall wrote: post #19

Earlier quoted context omitted.

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.

Even in small companies, I've definitely had times where I had to drop everyone in late stages (like offer negotiation) due to a surprise hiring freeze. I can't think of many times even when I've been in the exec meetings that I knew about it more than a few days in advance of everyone else.

It's much more fun when internal promos get axed on the last approval. Learned the hard way never to say anything about promo processing until after paperwork is ready.

Re: Tesla to Cut 10% of Jobs

#427

Post by quantumwannabe »

kube-system wrote: post #341
photochemsyn wrote: post #199

Earlier quoted context omitted.

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 Am…

If they commute 235 miles per year then they don’t need a train at all because that is a commute of around half a mile each way per day which is easily walkable. That number is so ridiculously low I suspect the source is wrong.

Re: Tesla to Cut 10% of Jobs

#428

Post by redisman »

MichaelRazum wrote: post #367
mabbo wrote: post #344

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 goin…

Thinking the same. I think the main difference is that we have inflation AND real economic constrains. Anyway what is the best way to hedge? Some say cash is king, but it is kind of counter intuitive, since inflation is high.

Inflation protected securities

Re: Tesla to Cut 10% of Jobs

#429

Post by alkonaut »

that_guy_iain wrote: post #31
alkonaut wrote: post #24

Earlier quoted context omitted.

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 e…

> 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

Sounds like that ops guy should be paid more...

Re: Tesla to Cut 10% of Jobs

#430

Post by babypuncher »

_ea1k wrote: post #305
jethro_tell wrote: post #192

Earlier quoted context omitted.

They won't because it's a meme stock. There's no way they should be the largest us auto maker. People are or have bought Tesla stock because they like Elon. There's not that much value in the company.

TBH, that's just as much a testament to how pessimistic investors are about other US automakers as it is to how positive they are on Tesla/Musk. F and GM are massively undervalued unless you have really big doubts about their future.

Which doesn't make sense to me. Just comparing the F-150 Lightning to the Cybertruck it seems pretty clear that Tesla has no idea what they are doing.
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