A couple of days ago we saw that Elon Musk left us some statements of someone who is not aware that a worker has certain rights, and now the tycoon has surprised us again with a new email addressed to Tesla executives where they asks to pause hiring globally. Reuters is the source of the news.
If we stay there we don’t see anything strange, after all it is normal that even the most important technological giants in the world have to face situations of this type, but when we continue reading we see that things are definitely not that simple, since Elon Musk wants to reduce Tesla’s workforce by 10%.
Why does the CEO of Tesla want to stop hiring and reduce the workforce by 10%? To give you a little more context, that reduction eIt would be equivalent to laying off almost 10,000 people, since at the end of 2021 the company had a workforce of almost 100,000 workers. Going back to the reasons behind that decision, the thing is quite simple, Elon Musk has a bad omen about the future of the economy in the short term.
The billionaire talks about recession in a scenario that is certainly very complicated, so it is impossible to say that he lacks reasons to believe that the worst is yet to come. Right now, inflation has increased the cost of living to an unprecedented level in the last forty years, prices continue to rise, COVID-19 continues to do its thing in China and the war that Russia has provoked in Ukraine seems far from over .
Elon Musk may be right and we still have another hit to take, but it may also be wrong and that it is just another failed air of visionary. Time will tell us if it was one thing or another, but what is clear is that the CEO of Tesla accumulates a streak of comments and more than questionable attitudes. In this sense, one of the last “pearls” of his was to say, in response to whether there will be an economic recession: “Yes, but this will be a positive thing. She has been raining money on fools for a long time. There needs to be some bankruptcies.”
