Fears of a possible economic recession have increased globally. On the subject, according to specialized media, several companies have reduced their staff or paused hiring, a trend that Tesla was not spared.
Some weeks ago, Elon Musk He claimed to have a “super bad feeling” about the economy, so he decided to cut 10% of his 100,000 employees worldwide and stop adding new staff.
In fact, it was learned that this June 11, the manager of Tesla in Singapore, Christopher Bousigues, was fired.
“Tesla announced a 10 percent reduction in the workforce. My role was chosen to be eliminated as of today,” Bousigues himself announced on his LinkedIn account.
The man, who had traveled to Singapore last year to take up the position, thanked those who supported his work at Tesla and highlighted some of the achievements he has achieved in this period.
Elon Musk will not hire a new manager
“Last year, the team and I built the business from scratch. When something like this happens, one wonders what the best course of action is, whether to remain discreet or even shut up about it. Ultimately, that’s not how I’m built. Transparency and honesty are non-negotiable for me, so sharing this news felt like the right thing to do with my network,” he wrote.
In accordance with Business TimesElon Musk will not hire a new manager, instead planning to have Tesla Hong Kong take charge of overseeing operations in Singapore.
Shares of Tesla fell 3% before trading in the US, while those listed in Frankfurt fell 3.6%, as recorded. Reuters.
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