Re:Musk SEC Filing
by heretogetout on Monday June 06, 2022 @10:02AM
(#31640609)
> A 10% layoff of only salaried workers isn't that large of a layoff.
How many people does this amount to?
Given that the salaried work force is going to be less than half by economic necessity of a manufacturing company, the actual layoff then would be less than 5%.
Re:Musk SEC Filing
by heretogetout on Monday June 06, 2022 @11:01AM
(#31641368)
I'm not sure that assumption is reasonable, especially if a company has to front-load R&D.
> He has the money already.
I thought he had to seek additional funds because tesla stock dropped.
And the 10% layoffs were much misreported. The layoffs were only among salaried employees with the release simultaneously saying that they will be increasing hiring for non-salaried production employees. A 10% layoff of only salaried workers isn't that large of a layoff.