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Tesla cancels three June online hiring events for China

SHANGHAI (Reuters) - Tesla (NASDAQ:TSLA) Inc has cancelled three online recruitment events for China scheduled this month, the latest development after Chief Executive Elon Musk...
Tesla cancels three June online hiring events for China © Reuters. FILE PHOTO: Tesla vehicles are parked outside a building at the Zhongnanhai leadership compound during a meeting between Tesla CEO Elon Musk and Chinese Premier Li Keqiang in Beijing, China, January 9, 2019. Mark Schiefelbein/Pool via REUTERS/File Photo

SHANGHAI (Reuters) - Tesla (NASDAQ:TSLA) Inc has cancelled three online recruitment events for China scheduled this month, the latest development after Chief Executive Elon Musk threatened job cuts at the electric car maker, saying it was "overstaffed" in some areas.

However, Musk had not commented specifically on staffing in China, which made more than half of the vehicles for the automaker globally and contributed a quarter of its revenue in 2021.

The company cancelled the three events for positions in sales, R&D and its supply chain originally scheduled for June 16, 23 and 30, notifications on messaging app WeChat showed late on Thursday, without stating a reason.

Tesla did not respond to a Reuters request for comment on Friday.

Notification of a June 9 event to recruit staff for "smart manufacturing" roles was not visible and it was not immediately clear it had been held as planned.

The China operation is still allowing resume submission for more than 1,000 openings posted on the social media platform, such as aerodynamics engineers, supply chain managers, store managers, factory supervisors and workers.

Musk had a "super bad feeling" about the economy, he said in an email seen by Reuters last week.

In another email to employees on Friday, Musk said Tesla would reduce salaried headcount by a tenth, as it had become "overstaffed in many areas", but added that hourly headcount would increase.

Production at Tesla's Shanghai plant was badly hit after the Chinese commercial hub began a two-month COVID-19 lockdown late in March.

Output is set to fall by more than a third this quarter from the previous one, outpacing Musk's prediction.

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31-03-2024 10:19:50 (UTC+7)

EUR/USD

1.0793

+0.0006 (+0.06%)

Summary

Sell

Moving Avg:

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EUR/USD

1.0793

+0.0006 (+0.06%)

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Sell

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GBP/USD

1.2624

+0.0002 (+0.02%)

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USD/JPY

151.38

0.01 (0.00%)

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↑ Buy

Moving Avg:

Buy (12)

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AUD/USD

0.6522

+0.0007 (+0.11%)

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USD/CAD

1.3543

+0.0006 (+0.04%)

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EUR/JPY

163.37

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EUR/CHF

0.9738

+0.0010 (+0.10%)

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2,254.80

42.10 (1.90%)

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Moving Avg:

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Silver Futures

25.100

+0.002 (+0.01%)

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4.0115

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5,082.85

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+5.86 (+0.11%)

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DAX

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7,952.62

+20.64 (+0.26%)

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16,541.42

0.00 (0.00%)

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Neutral

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Sell (1)

US Small Cap 2000

2,120.15

+5.80 (+0.27%)

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Neutral

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11,074.60

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52.930

-0.320 (-0.60%)

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28.43

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Buy

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 EUR/USD1.0793Sell
 GBP/USD1.2624Sell
 USD/JPY151.38↑ Buy
 AUD/USD0.6522Sell
 USD/CAD1.3543Buy
 EUR/JPY163.37↑ Sell
 EUR/CHF0.9738↑ Buy
 Gold2,254.80Buy
 Silver25.100↑ Buy
 Copper4.0115↑ Buy
 Crude Oil WTI83.11↑ Buy
 Brent Oil86.99Neutral
 Natural Gas1.752↑ Sell
 US Coffee C188.53↑ Sell
 Euro Stoxx 505,082.85↑ Sell
 S&P 5005,254.35↑ Sell
 DAX18,504.51↑ Buy
 FTSE 1007,952.62↑ Sell
 Hang Seng16,541.42Neutral
 Small Cap 20002,120.15Neutral
 IBEX 3511,074.60↑ Sell
 BASF52.930↑ Buy
 Bayer28.43Buy
 Allianz277.80↑ Buy
 Adidas207.00↑ Buy
 Lufthansa7.281↑ Sell
 Siemens AG176.96↑ Buy
 Deutsche Bank AG14.582↑ Buy
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# So hôm qua # Chênh TG
SJC Eximbank7,910/ 8,080
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Cập nhật 31-03-2024 10:19:52
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RON 95-V24.69025.180
RON 95-III24.28024.760
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Dầu hỏa 2-K21.26021.680
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$ Tỷ giá Vietcombank
Ngoại tệMua vàoBán ra
USD24.600,0024.970,00
EUR26.020,0327.447,78
GBP30.490,4131.787,64
JPY158,93168,22
KRW15,9119,28
Cập nhật lúc 10:12:31 31/03/2024
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