Elon Musk Gives the economic warning- Recruitment Closed in World Wide. An American automotive and clean energy company Tesla decreased the appointments of the employment opportunities to the count of 14 percentages. The owner of the company, Mr. Elon Musk advised to save the economic percentage. To do this the company have to reduce the number of their staffs and new recruiting staff across the globe.
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The job listing count is decreased from 5,855 to 5,011 initially. As per the report, Reuters by Thinknum Alternative Data. Listings are down 32% from a recent high on May 21. About 20 people identifying themselves as Tesla employees said they were laid off, let go or had positions terminated in the past week in online postings and interviews with Reuters.
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Tesla has achieved record deliveries and earnings despite supply chain constraints, but a lockdown in Shanghai cut production. Its share price also has dropped 40% this year, partly because of concerns by Tesla investors about Musk’s offer to buy Twitter. Others found evidence that Tesla had pulled back on job postings in recent weeks. Hedge fund Snow Bull Capital calculated a 24% drop in Tesla job postings globally in the first week of June, and a 12% decrease in the second week of June.
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