• Send Us A Tip
  • Calling all Tech Writers
  • Advertise
Monday, May 19, 2025
  • Login
  • Register
TechStory
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
TechStory
No Result
View All Result
Home Business

Tesla fires top Singapore executive following warning from Musk about 10% job cuts

by Disha Mitra
June 14, 2022
in Business, News, Tech, Trending
Reading Time: 2 mins read
0
Musk at an event for Tesla

Source: Financial Times

TwitterWhatsappLinkedin
Elon Musk at an event
After warnings of job cuts from Musk, Tesla fires Singapore country manager.
Source: Business Insider

This week, Tesla Inc went on to lay off its Singapore country manager Christopher Bousigues. This was just a week following the EV company’s chief executive Elon Musk warning of global job cuts. On Sunday, June 12, Bousigues took to LinkedIn expressing that his role had been ‘eliminated.’

You might also like

Everything to know about Ratan Tata’s close aide who got ₹588 crore in his will

Everything You Need to Know About Japanese Financial Crisis

Delhi High Court Sets Aside Arbitral Award in OYO-Zostel Dispute

The former Singapore executive’s LinkedIn profile shows that he was in the position for country manager of Singapore. Additionally, it showed that Tesla employed him just a little over a year. However, Bousigues did not provide a particular reason for his sudden dismissal, but did mention that it was in connection to the job cuts that the electric vehicle maker had previously flagged.

In his post, Bousigues stated how his role was ‘chosen to be eliminated’ out of the 10% workforce that Tesla wished to reduce. He went on to state how he was proud to ‘have been the company’s first country manager in South East Asia.’ He continued to say how him and his team built the business ‘from the ground up,’ making Tesla’s Model 3 a frequent sight in the car landscape of Singapore. Additionally, he noted how they had set up a service centre, 2 showrooms and developed a network consisting of 7 supercharger across Singapore.

With the successful launch of Model Y just a day before his termination, he expressed gratitude to everyone supporting him. Further on, he stated how he chose to be ‘transparent’ and honest by sharing this news, instead of being discreet. Finally, he concluded by saying that he hopes to move back to his home in Southern France as he had relocated to the island only for the job.

Musk’s earlier announcement of 10% employee reduction:

In a letter sent to employees this month, Tesla CEO Elon Musk announced plans for elimination of ‘salaried headcount by 10%’ claiming to have been ‘overstaffed in several areas. He expressed having a ‘super bad feeling’ about the economy and thinks the job cuts for the EV maker is necessary. Specifically, the message sent to the staff was titled ‘pause all hiring worldwide,’ and came just two days following Musk asking staff to return to office or leave.

Clearly, this had added to the increasing chorus of warnings from business executives regarding the possible risks of recession. According to its annual SEC filing, the electric carmaker employed nearly 100,000 at the company, along with its subsidiaries towards the end of last year.

Tags: Elon MuskJob-cutsSingapore country managerTech newsTeslaTesla Singapore
Tweet54SendShare15
Previous Post

“Time to disrupt another sector.”: Ashneer Grover on Twitter

Next Post

Last Warren Buffett lunch auction fetches $3 million early bid

Disha Mitra

Recommended For You

Everything to know about Ratan Tata’s close aide who got ₹588 crore in his will

by Thomas Babychan
May 19, 2025
0
Everything to know about Ratan Tata’s close aide who got ₹588 crore in his will

Ratan Tata, the former chairman of the Tata Group and one of India’s most respected industrialists, passed away leaving behind a will that has drawn widespread attention. Among...

Read more

Everything You Need to Know About Japanese Financial Crisis

by Thomas Babychan
May 19, 2025
0

Japan, once hailed as a model of fiscal discipline and economic stability in the post-war era, is now facing one of its most troubling financial challenges in decades....

Read more

Delhi High Court Sets Aside Arbitral Award in OYO-Zostel Dispute

by Ishaan Negi
May 19, 2025
0
OYO Faces FIR Over Alleged Fake Bookings and ₹2.66 Crore GST Notice in Jaipur

In a major ruling that underscores the importance of clarity in commercial agreements, the Delhi High Court has allowed a petition filed by Oravel Stays Pvt. Ltd. (OYO),...

Read more
Next Post
Berkshire Hathaway Chairman Warren Buffett walks through the exhibit hall as shareholders gather to hear from the billionaire investor at Berkshire Hathaway Inc's annual shareholder meeting in Omaha, Nebraska, U.S., May 4, 2019.

Last Warren Buffett lunch auction fetches $3 million early bid

Please login to join discussion

Techstory

Tech and Business News from around the world. Follow along for latest in the world of Tech, AI, Crypto, EVs, Business Personalities and more.
reach us at [email protected]

Advertise With Us

Reach out at - [email protected]

BROWSE BY TAG

#Crypto #howto 2024 acquisition AI amazon Apple bitcoin Business China cryptocurrency e-commerce electric vehicles Elon Musk Ethereum facebook flipkart funding Gaming Google India Instagram Investment ios iPhone IPO Market Markets Meta Microsoft News NFT samsung Social Media SpaceX startup startups tech technology Tesla TikTok trend trending twitter US

© 2024 Techstory.in

No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to

© 2024 Techstory.in

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?