If a full fifth of your workforce needs to be sacked, it's clearly a management issue, so let's start at the top.
this post was submitted on 22 Apr 2024
360 points (97.6% liked)
News
23266 readers
4310 users here now
Welcome to the News community!
Rules:
1. Be civil
Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.
2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.
Obvious right or left wing sources will be removed at the mods discretion. We have an actively updated blocklist, which you can see here: https://lemmy.world/post/2246130 if you feel like any website is missing, contact the mods. Supporting links can be added in comments or posted seperately but not to the post body.
3. No bots, spam or self-promotion.
Only approved bots, which follow the guidelines for bots set by the instance, are allowed.
4. Post titles should be the same as the article used as source.
Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.
5. Only recent news is allowed.
Posts must be news from the most recent 30 days.
6. All posts must be news articles.
No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.
7. No duplicate posts.
If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.
8. Misinformation is prohibited.
Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.
9. No link shorteners.
The auto mod will contact you if a link shortener is detected, please delete your post if they are right.
10. Don't copy entire article in your post body
For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.
founded 1 year ago
MODERATORS
He needs to fire the idiot in charge of the whole thing. I bet Tesla could make a recovery if he wasn't at its helm, even if he still owned the same amount of shares. Even more so if his ego could handle hiring a replacement that was all too happy to vocally throw him under the bus.
I think the problem is that it’s such a house of cards. It has no reason to be worth the current stock price which is higher than multiple larger car brands combined. The stock value is based on this legacy idea that Musk will deliver amazing innovation. If he stays, his Twitter bullshit is going to negatively impact the brand and if he leaves, the stock will drop to a realistic valuation based on fundamentals. It’s a bit of a lose/lose.
Long term, the company's biggest value is a charging network. Their cars aren't ahead of the rest of the industry anymore, except maybe in live software updates. Even that's been tainted by updates that make the car good or bad depending on the day of the week. The charging network, though, is only going to have more customers as other companies adopt Tesla's plug.
load more comments
(1 replies)
He gets very mad if you imply or even ask if he should be accountable for any failings of his companies.
And this brain dead idea of his is literally just punishment like he's an ancient slave lord. Like this will motivate the remaining workers to double their output.
load more comments
(1 replies)
He needs to fire the idiot in charge of the whole thing.
Thats not his job. That's the boards job. And yes, that's what they need to do.
Naw, their long term fucked by the Cybertruck pr-orders. They can’t reliably manufacture it quickly enough to make good profit on it. Firing 20% of their manufacturing people is likely just gonna make building them harder.
And they have to build like 750k more of them at a rate of less than 100k per year.
Long term fucked by a child’s design of a truck.
Okay, so we need to fire one fifth of Elon Musk. (Instructions unclear. Is a saw involved?)
load more comments
(4 replies)
This is where real business men shine. Anyone can ride the wave of right place, right time. It blows my mind how much of our tax dollars are funneled to this bafoon.
load more comments
(8 replies)
We have sold 1/5 less cars. So we need 1/5 less workers.
And people were questioning if he was worth his enormous pay packet.
"Why are we selling less cars, Elon?"
The fact that absurd amounts of money can take someone this dumb this far is frankly insulting and disgusting.
Sometimes, people fail upwards.
It just goes to show how easy it is to make money with money and no moral compass.
load more comments
(1 replies)
Let's say we take this at face value and that reducing staff by % reduction is the 100% right move to do.
In Q1 tesla faced a week long outage at Berlin due to an attack on a power station.
In Q1 tesla had a multi week outage due to rerouting ships around the red sea due to ships being attacked.
That's a pretty substantial downtime for a factory in a single quarter.
Making a % to % comparison like that and ignoring wtf happened that quarter is senseless.
Edit: I also think it was the 1st quarter without the incentive on some cars in the USA and that shock takes time to adjust for.
Also it's weird to compare consecutive quarters instead of year-over-year quarters, isn't it?
Yes you don't normally compare q4 to q1 because cars are seasonal.
For example, the Chinese new year is in Q1 and always results in fewer cars.
It should always be comparing the same quarter as the previous year.
The media often uses this to their advantage to paint good or bad pictures of companies depending on if their masters want someone to look good or bad.
load more comments
(1 replies)
It's pure and utter nonsense. If that was orthodoxy or even good sense no company would exist.
You have no sales as a new company do you have 0 staff or do you need to hire people to build product and make sales before you have ever sold anything?
The company sales increase by 10,000% by going from 1 sale to 100 do you increase your workforce by 10,000% too?
The man's brain is cheese from the drugs.
load more comments
(1 replies)
Yep, that’ll fix the problem. Definitely when the head is necrotic, cut out the heart.
To misquote an old ad: maybe he's stupid, maybe it's ketamine.
https://www.cbsnews.com/news/elon-musk-don-lemon-interview-x-ketamine-use-tesla/
load more comments
(2 replies)
You’re all fired but I expect $56b!
This is one of the things about businesses I don't get.
If you cut your staff, your ability to make money goes down with them. Why would layoffs be the reaction to reduced sales? It's like they don't have any money in savings or something.
Oh wait.
load more comments
(1 replies)
I am the dumbest man alive meme.jpg
A fucking genius everyone. This is the guy we're protecting with domestic EV rebates. This and the "Surely Americans just want giant pickup truck EVs" crowd.
We deserve to have Chinese companies obliterate our domestic market, just like we deserved the Japanese companies. Maybe if we stopped letting giant corporations form we'd have actual competition and our markets would be harder to break into without the government playing favorites.
Emanuel. Jean Baptiste. Zorg.
At least he had charisma.
Is it bad to wish that he just goes under with all of his companies and that he goes bankrupt completely so I don't have to see his ugly face all over the internet?
Not at all, nobody wants to hear what stupid, hateful shit the Boer has been doing for the 2,078th day in a row, and I’d also like to see all the bazingas who line up to huff his farts go with him because they’re utterly insufferable too
load more comments
(1 replies)
Maybe if he sends the thinking face emoji to more Nazis he will turn public sentiment around.
Gonna start running into the lump of labor fallacy real soon bud. Once cut that 20 percent ain't coming back, and finding replacements ain't simple.
Is that how Elonomics works?
I was generally considering getting a model Y, but learned that they can’t be exported overseas and still don’t have CarPlay and Android auto. Not to mention that it’s seemingly impossible to get an insurance quote without buying the car first???? Sorry, I’m going with another company.
load more comments
(1 replies)
Hehe. Number equal number. I smart.
This guy's opinion seems pretty extreme. Maybe he needs 1/5 fewer extremities.
load more comments
(1 replies)
Checkmate logicians.
4D chess (was 5D but 1/5th of the dimensions got downsized)
What a genius. /s
What the fuck logic does this dumbass employ?
"We failed to reach our quota in time. Let's reduce the number of workers so we make even fewer next time!"
Is he assuming each worker spends X time doing their thing, so more workers = more time? 🤦♂️
Yeah, that was my take as well. If demand was low, okay maybe. But failing to meet delivery targets? Reducing staff isn't going to help that.
Our workforce failed to meet a quota set by management, so we're laying off some of those workers
What a strange I mean stable genius
He must be really mad if he didn't try to make work in the numbers 420 or 69.
Like saying he wanted to keep only the lowest paid 69 percent, or something like that.
Looks like the Elonmobile isnt selling well
Hope he also cut his salary that much and the same for all C-levels. Somehow, that never seems to happen. They all worked admirably.
Do it, you psychotic shithead.
view more: next ›