Musk may lay off 3,700 employees to reshape the company's remote work policy

robot
Abstract generation in progress

According to reports, Musk is considering a significant drop in the number of employees at his newly acquired company to reduce operating costs. Sources reveal that the planned layoffs could reach 3,700 people, about half of the company's total workforce. The company is expected to notify the laid-off employees this Friday.

In addition, sources say that Musk may adjust the company's remote work policy. The new policy may require most employees to return to the office, but there may also be exceptions made for certain employees.

Currently, Musk is working closely with a team of advisors to evaluate various layoff options and other policy changes. Notably, the final layoff plan, including specific compensation packages, may be adjusted based on the outcomes of the discussions. This indicates that the company is carefully weighing various options to ensure a smooth transition.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 4
  • Repost
  • Share
Comment
0/400
DeFiDoctorvip
· 5h ago
The examination found that liquidity loss is at the terminal stage, and high costs must require surgery.
View OriginalReply0
CryptoTherapistvip
· 5h ago
detecting extreme fear signals in this mass layoff event... classic corporate trauma pattern needs mindful processing tbh
Reply0
ApeShotFirstvip
· 6h ago
Start working overtime again kp gg
View OriginalReply0
HalfIsEmptyvip
· 6h ago
I like this wave, horse.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)