Search
Search Results

No Search Results Found

LIVE
Search
Search Results

No Search Results Found

Explore HomeNewsPodcastsBreaking NewsSocial Watch Live Infowars NetworkThe Alex Jones ShowThe War Room with Owen ShroyerThe American Journal More Banned.VideoInfowars StoreArchiveRSSDownload Our App

Terms of Service

DMCA

Advertise with us

Affiliates

Media Inquiries

About

Economy

Musk Confirms Tesla to Fire 10% of Workers in Next 3 Months

by Sputnik
June 21st 2022, 10:24 am
Electric carmaker has already cut 3.5% of its jobs
Image Credit:
VCG/VCG via Getty Images
Share

Tesla CEO Elon Musk confirmed on Tuesday that his electric vehicle company will fire 10% of the workforce over the next three months.

“Tesla is reducing roughly 10% of its salaried staff in the next three months,” Musk said at the Qatar Economic Forum.

The statement confirmed reports that have been circulating in the media for two weeks now.

“We grew very fast on the salaried side. A year from now, I think our headcount will be higher,” the world’s richest man said, adding that Tesla has already cut 3.5% of its jobs.

The announcement comes days after Tesla shareholder Solomon Chau filed a lawsuit against the billionaire entrepreneur, Tesla Inc. and its board of directors over their alleged encouragement of discriminatory practices in the workplace. The document cites multiple cases of verbal abuse, racial and sexual discrimination and harassment against Tesla’s employees.

The plaintiff believes that Tesla’s “toxic workplace culture” caused “financial harm” and “irreparable” reputational damage to the detriment of the firm’s stockholders.

Last week, Bloomberg reported that Musk and his companies Tesla and SpaceX were being jointly sued for $258 billion over claims that they had engineered a racketeering scheme involving the cryptocurrency Dogecoin.

Americans are being deliberately deprived of food and energy as part of the Globalist Great Reset.

CLICK HERE to watch our live feed that’s now streaming 24/7 on GETTR! Also, be sure to follow Alex Jones and Banned.video on GETTR for breaking news and exclusive information!
Share
LIVE

In case you missed it...
Economy

Economy

United Airlines Slashes 12% of Newark Flights To Reduce Delays

posted 2 days ago

Economy

POLL: Gas Tax Suspensions Have Minimal ‘Impact’ on Americans’ Wallets

posted 2 days ago

Economy

Why the Fed and Inflation Go Hand in Hand

posted 2 days ago

Economy

Who Owns Federal Reserve Losses?

posted 2 days ago

View More From Economy
Terms of ServiceDMCAAdvertise with usAffiliatesMedia InquiriesAbout