Musk Pauses Hiring, Wants to Cut Tesla Staff by 10%: Reuters

Musk Pauses Hiring, Wants to Cut Tesla Staff by 10%: Reuters

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Interactive Video

Business

University

Hard

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The video discusses Elon Musk's announcement of job cuts at Tesla, coinciding with jobs day. Musk expressed concerns about the economy, leading to a hiring freeze and a 10% workforce reduction, affecting around 10,000 employees. This move is contextualized within broader economic conditions and similar actions by other tech companies like Netflix and Twitter. The video also touches on Musk's issues with work practices, particularly the remote work debate, and hints at ongoing developments in this area.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

Which other tech companies were mentioned as also cutting back on employees?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What work practice issues has Elon Musk faced with his staff recently?

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