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Every year Tesla lays off 10% of its workforce. This is Elons way of keeping every one on their toes. This announcement made TSLA to rise slightly, but technic
by kramerger 4y ago
Every year Tesla lays off 10% of its workforce. This is Elons way of keeping every one on their toes.
This announcement made TSLA to rise slightly, but technically nothing has changed. Well except the hiring freeze
- halfmatthalfcat 4y agoThey definitely do not lay off 10% every year, knowing from personal experience.
- jdhdjdbdjdbd 4y agoThey do layoff 10% of the workforce each year, based on personal experience.
- Kranar 4y agoI don't know what the percentage is, but I am finding articles dating back almost every year back to 2016 saying that Tesla does stack ranking, whereby some percentage of people with the lowest performance reviews are terminated. It may not be 10% all in one shot, but these articles seem credible and also consistent with Glassdoor reviews, which also state Tesla does stack ranking.
- halfmatthalfcat 4y agoI don't know what to tell you outside of my first hand account but I did not experience any stack ranking nor heard of such a practice. It's possible parts of the company had difference policies.
- Kranar 4y agoI mean you claimed categorically that they definitely do not do it, and now it's changing to maybe they do in some parts of the company. I feel like it's common on HN for people to overstate their credentials, only to find out that they were like an intern or barely worked at a place for a year and then they talk like they're experts on a subject. At any rate, it's not that important either way, but I do find it interesting how decisive people can be on this site about things that are fairly easy to falsify.
- halfmatthalfcat 4y agoI'm speaking definitively from my experience. I'm not sure what you're confused about here. I categorically stated they don't do 10% layoffs every year, I said I did not experience any policy of stack ranking. You're confusing two different things.
- Kranar 4y agoHow long did you work there for?
- Kranar 4y agoFigures you won't reply. You're whole "I'm not sure what you're confused about..." was nothing more than a way for you to save face about sprouting BS and exaggerating what you know.
- halfmatthalfcat 4y agoLol wow. I worked there long enough to stand behind what I said. It's your prerogative on whether you want to believe an internet stranger but your defensiveness sounds like you've already made up your mind.
- Kranar 4y agoYep, exactly what I thought you'd say. Too embarrassed to just admit you were an intern or worked there for a year or less.
- ireallyworkhere 4y agoI've been there in engineer since early 2015. There have been three layoffs since then, 7pct, 9pct, and the most recent this year of 10pct. Each of these have their own custom emoji in mattermost.