Tesla cuts target senior executives and Supercharging team in latest workforce reduction
What’s happening at Tesla?
After eliminating more than 10 per cent of its workforce, Tesla is planning to lay off hundreds in a fresh round of cuts.
According to news outlets, including The Information, the latest reduction at the electric vehicle maker is expected to affect senior executives and the majority of its Supercharging team.
CEO Elon Musk reportedly told management in a recent email that he wants the company to be “absolutely hard core” about the job cuts.
Musk added that staffers working under executives who “don’t obviously pass the excellent, necessary, and trustworthy test” would also be let go.
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Major layoffs continue
Tesla isn’t the only major North American company that is scaling back its staffing levels in 2024.
Big names, including Google, Whirlpool, SAP Canada, IBM Canada, Netflix, EXL Service, Best Buy, Relic Entertainment, Intel, and Amazon, have also pulled out the axe as they continue to navigate challenging economic conditions.
SEE ALSO
• Where are layoffs happening in Canada?
• Severance pay for provincially regulated employees
• Rights to severance during mass layoffs
• Severance entitlements in a recession
How does this impact Canadian employees?
It remains unclear if any Canadian employees are affected by the latest round of layoffs at Tesla. According to the company’s LinkedIn page, it has more than 1,400 workers in the country.
If you’ve been laid off or are facing termination, here’s what you should know:
- You Are Likely Owed Severance: Employees at Tesla are entitled to full severance pay under Canadian employment law.
- What Severance Includes: Severance packages can cover salary, bonuses, commissions, benefits, and more.
- Rights Don’t Change: Even in times of corporate restructuring, your rights as an employee remain protected.
For a detailed overview of Tesla’s layoff history and severance entitlements, visit our Tesla Layoffs: Severance Pay for Employees guide.
Key severance facts for Tesla employees
If you’ve lost your job due to the closure, here’s what you need to know about severance in Canada:
- Severance Pay: Can be up to 24 months’ pay, depending on your role, age, length of service, and ability to find similar work.
- Deadlines: You have up to two years from your termination date to pursue a claim for severance.
- Misclassified Employees: Contractors may also be eligible for severance if misclassified as independent contractors.
Use our Severance Pay Calculator to estimate what you’re owed.
Steps to take if you’ve been laid off
- Don’t Sign Anything Yet: Before accepting any severance offer, have it reviewed by an employment lawyer to ensure it’s fair.
- Understand Your Rights: Learn about severance pay and employment standards through our Tesla Layoffs Guide.
- Contact Us for Help: Book a consultation with our team for a detailed review of your severance package and employment contract.
Questions? Our firm created the Pocket Employment Lawyer to provide quick insight into what your employment rights are in various situations.
Talk to an employment lawyer
If you’ve been affected by layoffs at Tesla, it’s critical to understand your rights and secure the compensation you’re owed. Contact us today for expert legal advice and a free consultation.
Our lawyers in Ontario, Alberta, and B.C. have successfully represented tens of thousands of non-unionized individuals. In addition to severance package negotiations, we can assist you on a broad range of employment matters, including:
Call 1-855-821-5900 or complete a quick form to get started.