Employees sour on Tesla amid cost-cutting, layoffs

SAN FRANCISCO (Reuters) – Tesla Inc’s rankings at two high-profile job websites have declined, suggesting that job dissatisfaction at the electric car company is intensifying amid layoffs, strategy shifts and executive turnover. FILE PHOTO: Tesla workers examine a Model S used for training and tool calibration at the company’s factory in Fremont, California, June 22,…

Employees sour on Tesla amid cost-cutting, layoffs

SAN FRANCISCO (Reuters) – Tesla Inc’s rankings at two high-profile job websites have declined, suggesting that job dissatisfaction at the electric car company is intensifying amid layoffs, strategy shifts and executive turnover. FILE PHOTO: Tesla workers examine a Model S used for training and tool calibration at the company’s factory in Fremont, California, June 22, 2012. REUTERS/Noah Berger/File PhotoTesla placed 16th on LinkedIn’s annual “Top Companies 2019” list published in April, compiled from billions of actions taken by its over 600 million users that indicate job interest and demand. It held the fifth and sixth spots in 2018 and 2017, respectively. At jobs site Glassdoor, Tesla’s overall company rating fell to 3.2 out of 5.0 stars based on reviews written in the first quarter from a high of 3.6 in 2017, according to historical data compiled by Glassdoor at Reuters’ request. The average rating of the nearly 1 million employers reviewed on the site is 3.4. In the first quarter, Elon Musk’s CEO approval rating dropped to 52% from 90% in 2017. Tesla’s “recommend to a friend” rating fell to 49% in the first quarter from a high of 71% two years prior, the Glassdoor data showed. Similarly, Glassdoor ratings for culture and values, career opportunities, senior leadership and six-month positive business outlook all fell. Only “work-life balance” and “compensation and benefits” remained static. No metrics improved. The revi
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