Jobs Are Falling: Tesla Shares Are Rising: According to Musk, Tesla is Cutting 3 to 3.5 Percent of Its Jobs – Former Employees Suing Tesla | news

This put the head of the company Elon Musk clear Tuesday after mixed reports. Approximately every tenth jobs among employees are expected to be lost, while the number of workers will increase over the long term. At the start of the year, the company had nearly 100,000 employees. In a video interview at the Qatar Economic Forum conference, Musk said Tesla sometimes created jobs for employees too quickly.

The tech billionaire confirmed that he expects a recession in the United States in the near future. In recent weeks, reports of a leaked email from Musk initially gave the impression that he wanted to cut ten percent of Tesla’s entire workforce, citing the weak economy.

Musk’s political beliefs were also a topic in the video interview. He recently announced that he would vote for Republicans in the future because President Joe Biden’s Democrats had become a “party of division and hatred.”

Asked if he was also a former president Donald Trump If he were to run for the White House again in 2024, Musk simply said, “I haven’t decided on this election yet.” He had previously hinted at supporting the equally conservative Florida governor Ron DeSantis in the run-up to office.

Former employees are suing Tesla for failing to meet the notice period

US electric car maker Tesla is pilloried in Texas on suspicion of mass layoffs without respecting the notice period. Two former workers said they were fired in June at the Sparks Gigafactory without warning, according to the complaint filed on Monday. As a result, Tesla put more than 500 employees on the street in June. Under the US Worker Adjustment and Retraining Notification Act, a notice period of 60 days is required for such mass layoffs. “Tesla simply informed employees that their terminations would go into effect immediately,” the lawsuit reads. Former employees are filing a class action. Tesla could not initially be reached for comment.

Former employees ask for wages and benefits for the 60 days. “It is quite shocking that Tesla is in such a blatant violation of federal labor laws by firing so many workers without meeting the required deadline,” attorney Shannon Liss-Riordan, representing the plaintiffs, told Reuters. Tesla is offering some employees a one-week severance pay. You are therefore preparing an emergency application so that the group cannot redeem itself with the low severance pay. Tesla boss Elon Musk announced earlier this month that he would be cutting thousands of jobs at the electric car maker out of fear of a recession.

Tesla stock is temporarily up 10.02% to $ 715.41.

San Francisco (Reuters) / DOHA (dpa-AFX)

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