Tesla to Cut 10% of Global Workforce
Developing high-tech products to sell at steep prices and then sitting back to rake in the profits has been the strategy for many Western companies. However, they are now beginning to lose out to the Chinese, who hold entirely different values and philosophies and are committed to producing high-quality goods at affordable prices. Hmm… this could just be the beginning of the downfall for ‘Techno King’! π€ππ
Transcript
Tesla shares are down again, as you see, down some 33% for the year, this following the news the company is going to be making some sizable job cuts.
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μ¬λΌ μ£Όκ°κ° λ€μ νλ½νκ³ μμ΅λλ€. μ¬ν΄μλ§ 33% μ λ λ¨μ΄μ‘μ΅λλ€. μ΄λ νμ¬κ° μλΉν μΈμ κ°μΆμ ν μμ μ΄λΌλ μμμ΄ μ ν΄μ§ λ€μ
λλ€.
David, these are significant cuts that tesla is announcing.
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μ¬λΌκ° λ°νν κ²μ μλΉν ν° μΈμ κ°μΆμ
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A memo sent out by Elon musk to the staff outlining that the company will be cutting more than 10% of its global staff.
μλ‘ λ¨Έμ€ν¬κ° μ§μλ€μκ² λ³΄λΈ λ©λͺ¨μλ νμ¬κ° μ μΈκ³ μ§μμ 10% μ΄μμ κ°μΆν κ²μ΄λΌκ³ λͺ
μλμ΄ μμ΅λλ€.
They ended last year with about 140,000 employees worldwide, so approximately 14,000 workers will be let go.
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μ μ μΈκ³μ μΌλ‘ μ½ 14λ§ λͺ
μ μ§μμ λμμΌλ―λ‘, λλ΅ 14,000λͺ
μ μ§μμ΄ ν΄κ³ λ μμ μ
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In the memo that was sent out from Elon Musk, he says, “There is nothing I hate more, but it must be done. This will enable us to be lean, innovative and hungry for the next growth phase cycle.”
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