Tesla is terminating 200 employees and closing its office in Silicon Valley. - Janesdiary
Inside Amazing Tesla Headquarters
Inside Amazing Tesla Headquarters
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Tesla is terminating 200 employees and closing its office in Silicon Valley.

As part of its efforts to shrink its personnel and save money, Tesla informed employees on Tuesday that its San Mateo, California, office will be closing and 200 positions would be lost there.

Tesla is terminating 200 employees and closing its office in Silicon Valley.

The workers at the San Mateo facility had helped to advance Tesla’s Autopilot advanced driver assistance technology. People with knowledge of the situation claim that more than half of the employees at that office received termination notices.

The Wall Street Journal reports that the remaining staff members will be transferred to a different office.

Bloomberg previously covered Tesla’s intention to shut down the factory. Despite CEO Elon Musk, the majority of the positions removed were filled by hourly workers.

By the end of April, there were 11.4 million job opportunities, which was the second-highest number on record but was down from March’s upwardly revised figure of 11.8 million.

The disparity between the number of jobs and the number of workers that are available is approximately 5.46 million, indicating that there is still a severe shortage of labor. That is less than the gap in March, which was roughly 5.6 million.

 

On Wednesday, Hazelett told host Neil Cavuto that he intended to keep paying for his employees’ gas “as long as we need to.”

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Janesdiary

I am a highly sought-after personal and business branding coach, marriage and Relationship therapist, a blogger and an entrepreneur. I have been blessed with the opportunity to work with some of Africa's most successful entrepreneurs. My success is as a result of my unrelenting passion for excellence in all that I do. My mission is to help people attain their desired goals by teaching them how to be more confident, better communicators and better decision makers. [email protected]
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By Janesdiary

I am a highly sought-after personal and business branding coach, marriage and Relationship therapist, a blogger and an entrepreneur. I have been blessed with the opportunity to work with some of Africa's most successful entrepreneurs. My success is as a result of my unrelenting passion for excellence in all that I do. My mission is to help people attain their desired goals by teaching them how to be more confident, better communicators and better decision makers. [email protected]

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