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Elon Musk set to slash salaried staff at Tesla by 10% but will hire more hourly workers

On Tuesday, Elon Musk confirmed rumors that he’s going to slash 10 percent of Tesla’s salaried staff over the next three months, triggering a class action lawsuit from workers, who accuse the company of violating labor laws.

Though the electric car company chief said that his overall workforce would only be slimmed by 3.5 percent because he’s going to bring in more hourly workers. 

‘We grew very fast on the salaried side,’ Musk said at the Qatar Economic Forum, sponsored by Bloomberg. 

‘A year from now, I think our headcount will be higher’ in salaried and hourly workers, but for now the reduction will be 3% to 3.5%, he said.

Tesla plant in Fremont, California. Elon Musk has promised to trim 10 percent of the company’s salaried workers

Talk had been swirling of companywide…


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