Tesla, before they invest, they lay you off first

Cisco / Eng
nHqn43

Cisco Eng

PRE
Juniper Networks
nHqn43more
Oct 14, 2017 5 Comments

http://fortune.com/2017/10/13/tesla-fires-employees/
Tesla Fires Hundreds of Workers After Their Annual Performance Review
Fortune - 14h ago

Electric automaker Tesla Motors fired hundreds of employees this week, including workers at its Fremont, Calif. factory and corporate managers, as it tries to solve production problems for its recently released Model 3. An estimated 400 to 700 people ...

comments

Want to comment? LOG IN or SIGN UP
TOP 5 Comments
  • Microsoft BarFoo
    "Before they invest"? Huh?

    They fired people for performance reasons, after s performance review. What are you rambling about?
    Oct 14, 2017 2
    • Cisco / Eng
      nHqn43

      Cisco Eng

      PRE
      Juniper Networks
      nHqn43more
      OP
      I am wondering if Netflix also institutes this anytime without perf review but with the power of the crowd. I think I read this in their culture doc.
      Oct 14, 2017
    • Netflix / Eng ricewater
      We don't do annual performance review. If you underperform, you are out immediately. I think it's fair. If you can't do your job, your teammates have to work harder to get your job done, it's toxic that way.
      Oct 15, 2017
  • Microsoft DaAX46
    What's the typical firing rate after annual performance reviews for tech companies? I bet the rate of people who get 0% bonus at MS is pretty close.
    Oct 14, 2017 0
  • Oracle / Eng Madmaxf
    This is how capatilisam works
    Oct 14, 2017 0

Salary
Comparison

    Real time salary information from verified employees