Some Tesla employees said that the layoff rate in their department has reached 20%. Schematic diagram. (Photo credit: FREDERIC J. BROWN/AFP via Getty Images)
[Watch China April 18, 2024](Watch comprehensive report by Chinese reporter Li Zixi) American electric vehicle manufacturerTesla(Tesla) will lay off 10% of its workforce globally, and it is estimated that about 14,000 people will have to pack up and leave.According to local media reports, this time ChinaSaleThe department has become the hardest hit area. Although the actual number of layoffs is unknown, some internal employees said that their departmentlayoffsThe proportion reaches 20%.However, an insider revealed that although the proportion of layoffs in China is relatively high,resignation compensationBut very rich.
Tesla’s massive layoffs: Chinese employees are satisfied and like it
Tesla CEO Elon Musk previously mentioned in an email to employees that the reasons for the layoffs were overlapping functions and the need to reduce costs. Foreign media reported that Tesla had 140,473 employees at the end of last year. If Musk used the ratio proposed by Musk, a total of more than 14,000 people would be laid off.
According to mainland media reports, the layoffs in China involve sales, technology and engineering design departments. Sources said that the sales department was the hardest hit area. On April 16, news spread in the Chinese market that Tesla had communicated about layoffs at its sales stores. According to a laid-off employee, she reported to her direct supervisor after seeing an internal Tesla email on the 15th. After asking around, the other party didn’t know the specific list of layoffs. On the 16th, she was called to the office. There was a prepared resignation agreement on the table. It only took 5 minutes to complete all the resignation procedures.
An internal employee pointed out that in the afternoon of that day, departments successively received notices of resignation and completed the formalities. The proportion of layoffs in their sales department was estimated to be 20%.
Fired employees generally reported that the process from the news of layoffs to completion of resignation procedures was very short, and the compensation was generally satisfactory to the parties concerned.
Sources pointed out that some departments will be optimized by 30% to 40% this time, and individual departments will be optimized by 50%. Other departments generally have 20%.
A laid-off Tesla internal employee said that the compensation standard for laid-off employees is “N+3” times salary, that is, the number of years of service in the unit plus 3 months.
Chinese employees share how they experienced layoffs and were reluctant to let go
Recently, many Tesla employees have shared their layoff experiences on social media platforms. It is reported that people have been laid off at almost every store in China, and Tesla’s layoffs and compensation are fast and efficient.
Among them, one netizen wrote that he was still discussing mountain climbing together in the morning, but was laid off when he returned to the company at noon. Someone commented, “It’s good to be compensated 100,000 yuan and take some rest.” While expressing his agreement, the netizen also said, “I have been working in class for so many years, and when the incident happened suddenly, I can’t help but feel reluctant to leave.”
Many others said they were laid off shortly after joining the company. “I work for one month and get four months’ salary, which is better than a big factory.” “I joined the company on March 31st and left on April 16th. It feels like a dream.”, “I resigned from a big factory before March 22nd and left on March 25th. Tesla onboarding training, fourth place in getting a green card… I was still in a meeting on the morning of April 16th. In the afternoon, my leader notified me of my resignation, and my account was closed at 6pm on time!”
Recently, many Tesla employees have shared their layoff experiences on social media platforms. (Picture source: Internet picture)
Some netizens also shared their emotional journey on the day of layoffs. It was like a roller coaster, but they still felt reluctant to give up: “Think about the past few years, I have had several salary increases, two promotions, six insurances and one housing fund, and one surgery. It cost more than 10,000 yuan, and the company reimbursed it in full. The provident fund was paid at 12% of the actual income, plus the compensation, more than 30 days of back pay and annual leave, as well as the shares in hand. , It has fallen a lot during this period, but the money given by the company is still money, and there is still hope that it will rise again).”
Recently, many Tesla employees have shared their layoff experiences on social media platforms. (Picture source: Internet picture)
On the other hand, domestic companies in China have recently been hearing news of salary reductions, involving civil servants, teachers and other industries.
For example, in February 2023, some employees of China Post’s Harbin branch held banners in front of the company to demand wages. They shouted, “Malicious salary cuts are unacceptable!” “China Post will not pay back wages!” In March of the same year, More than 30 employees held white papers and held banners in front of the Taxation Bureau building in Zhenjiang City, Jiangsu Province, to protest against wage arrears. In August, drivers from the Tai’an City Bus Company in Shandong Province also launched a general strike to protest against being owed wages for nearly five months. .
Protests over salary cuts continue in many parts of China
Entering 2024, there will be more and more incidents of salary reduction and salary reduction. Recently, employees of radio and television stations in Puyang City, Henan Province held a rally and held banners to protest and demand unpaid wages. In February this year, a large number of sanitation workers in Xiayi County, Shangqiu, Henan Province also went to the local government to demand wages because they were owed wages. Up to 13 months salary (Video 3).
People in radio and television stations are not very creative when it comes to asking for salary. pic.twitter.com/vQKsX4jgpN
— Xiaoxiao Canxue (@xiaojingcanxue) April 10, 2024
Xiayi, Henan is begging for wages in a snowy day. Why haven’t you heard of wages owed to leaders? Didn’t you say that you represent workers and farmers? pic.twitter.com/nLctHJsM1Z
— Veteran driver (@h5LPyKL7TP6jjop) February 6, 2024
Foreign media disclosed in 2023 that due to the financial constraints of the Chinese government in recent years, government civil servants in Nanjing, Tianjin, Shandong and other places not only had their salaries cut, but also experienced salary delays. Among them, even pensions in Jilin were suspended, and some governments even Borrow money from the temple.
After this year’s two sessions, various places followed Beijing in shouting to “live a tight life”. CCP Finance Minister Lan Fo’an once publicly talked about “living a tight life”, which is not about keeping a tight wallet and not spending money, but “being generous with big money and stingy with small money” and concentrating financial resources to do big things.
So, from the perspective of the CCP, what is a major event? Some commentators pointed out that political performance, face projects, privileges of high-ranking officials, stability maintenance and suppression, military expansion, network blockade, etc. are the major issues. As for people’s livelihood and people’s conditions, education, elderly care and medical care, they are just trivial matters that Leek relies on to survive.
Source: Look at China
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