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Tesla to Cut 10% of Jobs

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Re: Tesla to Cut 10% of Jobs

#491

Post by tyrfing »

javajosh wrote: post #22
drfuchs wrote: post #13

Anybody care to speculate on the chance that Twitter forces their sale to him, and then TSLA goes down far enough that Musk gets a margin call on the loan he's using to finance the purchase, and he loses everything? Or at least half of everything?

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!

After you have a binding deal like the one he signed, it's very hard to get out of it. Being forced to complete the deal anyway has precedent, like 2 years ago when LVMH tried to back out of their Tiffany deal due to Covid.

https://www.law360.com/articles/1324006/tiffany-lvmh-lower-m...

Re: Tesla to Cut 10% of Jobs

#492

Post by dan_quixote »

marcosdumay wrote: post #437
hedora wrote: post #317

Earlier quoted context omitted.

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.

The data from my country looks like if there was a new immunity-escaping variant that causes even less grave symptoms than omicron. It's... well, it's not "good", I guess "validating" is the word here... so, it's "validating" to see other places following the same trend. Here hospitalization and deaths are not following the infection curve at all. They are still following the end of the earlier omicron curve.

Anecdata: Everyone I know with kids in elementary school is reporting major outbreaks at school for the first time in the era of Covid. This includes my family. The transmissibility (specifically among kids) appears to be significantly higher than before. And the symptoms fortunately appear to be light for everyone I know who's caught it recently.

Re: Tesla to Cut 10% of Jobs

#493

Post by martin8412 »

cianmm wrote: post #377
moonchrome wrote: post #163

Earlier quoted context omitted.

>half of the dev team(including me) don’t have parking space Isn't your Tesla supposed to be robotaxi, driving around autonomously while you work ? Why do you need parking spaces ?

Wouldn't it be fantastic if the solution to this problem ended up being public transit and bikes?

Why do you think Elon Musk hates work from home so much? He's in business of selling cars. People need less cars or no car at all if they don't have to commute.

Re: Tesla to Cut 10% of Jobs

#494

Post by Beldin »

ericmay wrote: post #365
PheonixPharts wrote: post #348

Earlier quoted context omitted.

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…

Yes but in this case we're talking about returning to the office, which doesn't have the exact same dynamics. In the case of the return to office dynamic, you're specifically filtering out high-quality workers who also prefer to be remote, and the results are retention of all low/medium quality workers regardless of remote/office preference, and high quality workers who don't mind or have some reason that keeps them…

> you're specifically filtering out...

...everyone for whom a full return to the office is a breaking point. You assume that correlates with capability of the employeeto perform their job well.

That does seem reasonable, but it remains just that: an assumption. And you know the thing about assumptions : they make a donkey out of U and MPTIONS.

Re: Tesla to Cut 10% of Jobs

#495

Post by nitwit005 »

mjr00 wrote: post #250
xmodem wrote: post #155

Earlier quoted context omitted.

While this may be true from the perspective of upper management, it is a very shitty way to treat the people who work for you, or would like to.

What's the alternative? Telling all of your employees "hey we're thinking about layoffs that may or may not happen, and we don't know who will be affected" would be a massive morale hit and make people leave. Until the final decision is made -- and this is a hard decision that everyone, including upper management, wants to avoid making until absolutely necessary -- it's best to keep it close to the chest. Just becaus…

While it is possible some people are trying to do the right thing, it seems more likely they simply don't care.

Companies have all sorts of fake job openings, even when things are good now. They view it as a form of marketing, showing that they're growing. That it wastes applicants' time applying is an externality. It's not hurting them.

Re: Tesla to Cut 10% of Jobs

#496

Post by danans »

jeffbee wrote: post #479
danans wrote: post #471

Earlier quoted context omitted.

The Bay Area's public transit is only good compared to places with no public transit. It's far from comprehensive and the intermodal coordination is pretty non-existent. It's only good if your start and destination are on the same mode of transit. I don't know about Austin, but with Fremont's public transit, it would take at least 40 minutes to get from the Fremont BART station to the Tesla factory on public transit.…

Why would anyone use Fremont BART when Warm Springs BART almost abuts the Tesla factory?

Fair, but it's still 27 minutes from there to the factory on public transit, so not quite "abuts". I know you can take the company shuttle, but the point is that the public transit system isn't very practical end to end.

I actually would give Tesla a bit of a pass on this since it is a factory purchased from GM/Toyota and it inherently needs lots of space, so you can't expect a train station at the factory gate.

Tech campuses like the Googleplex, the Apple spaceship donut, Oracle HQ on the edge of a marsh are where the failings of the public transit system are most apparent.

Re: Tesla to Cut 10% of Jobs

#497

Post by kube-system »

quantumwannabe wrote: post #427
kube-system wrote: post #341

Earlier quoted context omitted.

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.

Maybe so. A government source says:

> Even though average miles travelled for commuting purposes has declined to 799 miles travelled per person in 2020, a decrease of 37% compared to 2019 (1,276 miles travelled per person) and an overall decrease of 43% compared to 2002 (1,400 miles travelled per person)

https://www.gov.uk/government/statistics/national-travel-sur...

So, still close to an order of magnitude less than my anecdotal data. The bottom line is that the US definitely has a lot of sprawl.

Re: Tesla to Cut 10% of Jobs

#499

Post by andrew_ »

zarriak wrote: post #474
andrew_ wrote: post #470

Came here hoping for insightful thoughts about the layoffs and market conditions only to be presented with a tidalwave of hate seemingly stemming from a lot of personal dislike of the Tesla CEO. There's been a lot of chatter lately about how HN is getting more and more negative, and this appears to be evidence of valid criticism.

I appreciate wanting proper discussion but if you genuinely thought that any comment section discussing Elon Musk was going to be productive I would like to ask for a counter example where one has occurred. It would be very instructive in many ways on how to build such a community and platform.

I get your point. Is that an excuse for HN to give into the same? If I wanted outrage and ranting on personalities, there's a lot of other places I could go for that. I came here a few years back because it was a less hostile, more objective community. Genuinely bums me out that we're giving this a pass now just because of the subject matter.

Re: Tesla to Cut 10% of Jobs

#500

Post by Shaanie »

Beldin wrote: post #494
ericmay wrote: post #365

Earlier quoted context omitted.

Yes but in this case we're talking about returning to the office, which doesn't have the exact same dynamics. In the case of the return to office dynamic, you're specifically filtering out high-quality workers who also prefer to be remote, and the results are retention of all low/medium quality workers regardless of remote/office preference, and high quality workers who don't mind or have some reason that keeps them…

> you're specifically filtering out ... ...everyone for whom a full return to the office is a breaking point. You assume that correlates with capability of the employeeto perform their job well. That does seem reasonable, but it remains just that: an assumption. And you know the thing about assumptions : they make a donkey out of U and MPTIONS.

No, he's assuming that low performers would have a harder time finding a new job with equal or better pay. Which may or may not be true.
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