Author Topic: Tesla fires hundreds after company-wide performance reviews  (Read 168 times)

Offline Solar

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Tesla fires hundreds after company-wide performance reviews
« on: October 14, 2017, 12:05:44 PM »
Which we all know is a lie and just an excuse to downsize for lack of funds.

PALO ALTO – Tesla fired hundreds of workers this week, including engineers, managers and factory workers, even as the company struggles to expand its manufacturing and product line.

The dismissals come at a crucial point for the company, which is pushing to increase vehicle production five-fold and reach a broader market with its new Model 3 sedan. The electric vehicle maker missed targets for producing the lower-cost sedan, manufacturing only 260 last quarter despite a wait list of more than 450,000 customers.

The company said this week’s dismissals were the result of a company-wide annual review, and insisted they were not layoffs. Some workers received promotions and bonuses, and the company expects to hire for the “vast majority” of new vacancies, a spokesman said.

“As with any company, especially one of over 33,000 employees, performance reviews also occasionally result in employee departures,” a spokesman said. “Tesla is continuing to grow and hire new employees around the world.”

Cut...
CEO Elon Musk said factory output will increase production to a half-million electric vehicles in 2018. The company expects to deliver about 100,000 vehicles this year.

Keep the above quote in mind, because come 2018, that number will be halved if not cut even more.
MORE~~~

http://www.mercurynews.com/2017/10/13/4819750/

And as a barometer, Elon promised back in the Spring he would use his web page to show just how well the company is doing.
If this is any indication of Tesla's future, things look pretty grim.

http://x.com/

Save yourself the trouble of clicking the link, all it has is an "X" where all his bloviations were supposed to be posted. :biggrin:
Koolaid is for kids, TEA is for adults

Offline walkstall

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Re: Tesla fires hundreds after company-wide performance reviews
« Reply #1 on: October 14, 2017, 01:24:41 PM »
Which we all know is a lie and just an excuse to downsize for lack of funds.

PALO ALTO – Tesla fired hundreds of workers this week, including engineers, managers and factory workers, even as the company struggles to expand its manufacturing and product line.

The dismissals come at a crucial point for the company, which is pushing to increase vehicle production five-fold and reach a broader market with its new Model 3 sedan. The electric vehicle maker missed targets for producing the lower-cost sedan, manufacturing only 260 last quarter despite a wait list of more than 450,000 customers.

The company said this week’s dismissals were the result of a company-wide annual review, and insisted they were not layoffs. Some workers received promotions and bonuses, and the company expects to hire for the “vast majority” of new vacancies, a spokesman said.

“As with any company, especially one of over 33,000 employees, performance reviews also occasionally result in employee departures,” a spokesman said. “Tesla is continuing to grow and hire new employees around the world.”

Cut...
CEO Elon Musk said factory output will increase production to a half-million electric vehicles in 2018. The company expects to deliver about 100,000 vehicles this year.

Keep the above quote in mind, because come 2018, that number will be halved if not cut even more.
MORE~~~

http://www.mercurynews.com/2017/10/13/4819750/

And as a barometer, Elon promised back in the Spring he would use his web page to show just how well the company is doing.
If this is any indication of Tesla's future, things look pretty grim.

http://x.com/

Save yourself the trouble of clicking the link, all it has is an "X" where all his bloviations were supposed to be posted. :biggrin:


 :lol:  Are they union?  "performance reviews also occasionally result in employee departures"  IF people are bad workers you do not keep them on for a performance review.   Performance reviews are for good workers after 6 months to a year.   They need a new HR manager.
A politician thinks of the next election. A statesman, of the next generation.- James Freeman Clarke

Politics is supposed to be the second-oldest profession.  I have come to realize that it bears a very close resemblance to the first.  ~ Ronald Reagan ~

Always remember "Feelings Aren't Facts."

Offline Solar

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Re: Tesla fires hundreds after company-wide performance reviews
« Reply #2 on: October 14, 2017, 01:36:39 PM »

 :lol:  Are they union?  "performance reviews also occasionally result in employee departures"  IF people are bad workers you do not keep them on for a performance review.   Performance reviews are for good workers after 6 months to a year.   They need a new HR manager.
They need a better excuse. :lol:
You're right, you don't suddenly pull people aside after 4 years of work and suddenly discover they haven't been performing up to standards, this was total bull shit and even libs can smell right through it.

After all the money Dims threw at this guy and his "Green Machine", watch him sellout to a foreign entity after American dollars built the company.
Koolaid is for kids, TEA is for adults

 

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