It’s a layoff but Musk does not want to admit it Archives

daniel October 16, 2017 Fiat Chrysler (NYSE: FCAU), It’s a layoff but Musk does not want to admit it, Musk might be purging union sympathizers, Tata Motors (NYSE: TTM), Tesla is increasing automation and replacing workers with robots, Tesla management, Union Busting at Tesla, very wrong at Tesla, Why is Tesla Terminating Hundreds

Is it Layoffs or Union Busting at Tesla?

Musk is cutting administrative fat in preparation for a sale or a merger with another automaker. At least 63 people were laid off at Tesla’s head offices in Roseville, California. If there is a buyout or merger, I would rank India’s Tata Motors (NYSE: TTM), which owns Jaguar and Land Rover as the probable candidate.