fbpx

Type to search

Tesla to Hold China Hiring Event Despite Layoff Warning

Online hiring event for “smart manufacturing” roles proceeds, company posts two dozen new open positions in China.


Tesla proceeds with China hiring event despite warning 10% of staff may face layoff.
Tesla CEO Elon Musk. Photo: Reuters

Less than a week after announcing the company may cut up to 10% of its salaried staff, Tesla plans to hold a hiring event in China, and has posted some two dozen new job opening in China.

Tesla CEO Elon Musk previously said he thought the EV powerhouse was “overstaffed,” but will proceed with an online hiring event for “smart manufacturing” positions, according to an online post.

The company listed 224 openings in China for managers and engineers, according to a post on its WeChat account, 24 of which were newly posted on June 9, including managers and engineers to supervise operations at the company’s 6,000-ton die casting machines known as Giga Press, one of the world’s biggest.

Tesla regularly holds online hiring events in China, the last in May for summer interns.

 

ALSO IN AF: Musk Floats 10% Tesla Staff Cut Plan as Outlook Darkens

 

Tesla’s revenue from China more than doubled in 2021 over the year prior, accounting for around 25% of total revenue. The Shanghai plant, which manufactures Model 3 and Model Ys for domestic sale and export, produced more than half of the cars the company made in 2021.

However, output at the plant was badly hit by Shanghai’s two-month COVID-19 lockdown that halted work for 22 days and struggled to return to full production. Prior to this, Tesla had planned to ramp up production at the plant to 22,000 cars a week by mid-May.

CEO Musk said in an email that he had a “super bad feeling” about the economy and needed to cut 10% of salaried staff at the electric car maker.

In another email to employees, Musk said Tesla would reduce salaried headcount by 10%, as it has become “overstaffed in many areas,” but added that “hourly headcount will increase.”

Musk did not comment specifically on staffing in China.

  • Reuters, with additional editing by Neal McGrath

ALSO on AF:

Elon Musk Hints at Unveiling Tesla Humanoid Robot Prototype

Tesla’s Elon Musk Criticised Over Back-to-Work Order

Tesla Stock Losses Hit 44.6% Since Musk Twitter Saga Began

Tags:

Neal McGrath

Neal McGrath is a New York-based financial journalist. Neal started his career covering the Asia-Pacific region for the Economist Intelligence Unit, then joined Asian Business magazine. He's subsequently held a variety of editorial positions covering business, economics, finance and sustainability. Neal has lived and worked in Hong Kong, Singapore, Germany and the US.

logo

AF China Bond