Business

The billion-dollar empire is about to face an unprecedented wave of talent loss!

Last week, Tesla CEO, billionaire Elon Musk sent an email saying that all company employees must return to work soon, or they will be fired.

“All must spend a minimum of 40 hours a week at Tesla, or else we will consider you laid off,” Elon Musk said, adding that he would review all requests for waivers on his own. of employee.

With a policy that is said to be extremely draconian and disregards this realistic need and desire of many American workers, Musk thinks he can better manage and utilize labor. But according to many experts, this authoritarianism does more harm than good and will cause more and more talented people to leave the Tesla empire.

Clearly, Tesla’s policies have overlooked 60% of US workers – who are doing remote work after the pandemic, according to a recent survey by the Pew Research Center. In particular, women and some vulnerable workers are especially likely to want to work from home full-time to take care of their children and family. Feeling sexist at the office is also one of the reasons why they no longer want to come to the company to work directly.

Elon Musk's authoritarianism could destroy Tesla: The billion-dollar empire is about to face an unprecedented wave of talent loss!  - Photo 1.

Elon Musk’s authoritarianism can “kill” Tesla

According to a recent survey by the Future Forum of 10,800 knowledge workers globally, 77% of white workers, 81% of workers of color, 82% of Asian-American workers and 79% of Western workers. Spain/Latin America wants to work remotely. 58% of mothers also want to work online, while this rate of fathers is 48%. Therefore, Musk’s policy is said to be not good for all Tesla employees, and above all, for the future of the world’s largest electric car company.

Contrary to Musk’s outdated belief, workers now believe that face-to-face time at the office is no longer as productive as it once was. 80% of employees who work remotely in a survey recently conducted by Edelman Data x Intelligence said that their productivity is equal to, or even higher, when going to the office.

According to a survey conducted by insurance company Willis Towers Watson, the US labor market is witnessing an unprecedented wave of layoffs, as more and more people are switching jobs in search of more flexible jobs. .

CNN cited McKinsey’s research as saying that culturally and ethnically diverse companies are 36% more profitable than the rest. In addition, gender-diverse companies also have 25% higher average returns. Musk’s draconian policy of course causes the majority of female employees to quit and, accordingly, indirectly reduces Tesla’s revenue.

Elon Musk's authoritarianism could destroy Tesla: The billion-dollar empire is about to face an unprecedented wave of talent loss!  - Photo 2.

Musk is famous for being the CEO who slept on the floor with workers at the Tesla factory in Fremont when it was operating at full capacity to fulfill Model 3 orders.

In the context of the electric car industry is constantly expanding, and Elon Musk is engrossed in the acquisition of Twitter, experts fear that Tesla may be left behind and soon lose the throne after many years of holding on. .

Earlier, Elon Musk also implied that Americans “try to avoid going to work”, while Chinese employees “don’t mind going to shift at 3 am”.

“There are a lot of talented, hard-working people in China, and they believe in manufacturing,” Musk said in an interview with the Financial Times on May 10. “They stay up late, work until midnight, even at 3am.”

Musk himself was previously famous as the CEO who slept on the floor with workers at the Tesla factory in Fremont at a time when it had to operate at full capacity to meet Model 3 orders. Work tirelessly. This is worth noting, but if Musk imposes them on all Tesla employees, it may not be appropriate.

Via: CNN

https://cafebiz.vn/su-doc-doan-cua-elon-musk-co-the-huy-hoai-tesla-de-che-ty-usd-sap-phai-doi-mat-voi-lan- song-mat-nhan-tai-lon-chua-tung-co-20220606110118126.chn


Vu Anh

Following Economic Life

You are reading the article The billion-dollar empire is about to face an unprecedented wave of talent loss!
at Blogtuan.info – Source: cafebiz.vn – Read the original article here

Back to top button