After Twitter, Jobs Cuts May Soon Happen at Elon Musk-Owned Tesla

Elon Musk-owned Tesla will soon conduct layoffs after having fired half the staff from Twitter

Elon Musk is giving no respite to his employees. After slashing down almost 50% of the jobs on Twitter, his attention is now turned to the employees at Tesla. According to reports, the electric-car maker is now planning to put a hiring freeze and continue layoffs in the first quarter of 2023. Even though it's not yet clear how extensive the hiring freeze will be for Tesla employees, reports have confirmed that layoffs might happen soon in Elon Musk-owned Tesla, amid its plans to expand manufacturing locations.

It is actually the first time in many years that Tesla is planning on conducting a hiring freeze and layoffs. Earlier, Elon sparked controversy among its employees by sending a mail that Twitter employees will have to work twice as hard and commit to long hours, or they can leave! The Twitter layoffs caused massive confusion and dread among techies. The Tesla layoffs are now predicted to cause even more confusion and problems in the tech community.

Earlier Tesla put on a hiring freeze, however, the company lifted the freeze and ramped up its hiring staff. Based on reports, Tesla has listed as many as 6,900 jobs on its website, indicating a significant rise in the number of jobs. However, the reason for probable layoffs and the hiring freeze right now can only be linked to the reduced profits every quarter.

 Anyhow, Tesla won't be the first company to lay off staff due to the ongoing economic and financial turmoils. Other companies like Meta, Amazon, and Google have also frozen hiring procedures and have laid off thousands of staff to cut down operational costs and save revenue for the upcoming year.