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Monday, March 27, 2023

Tesla Added 29,000 Jobs In 2022 Amid Mass Layoffs In Tech Sector

Tesla bucked the pattern amongst tech corporations on the subject of the variety of jobs created in 2022.

Whereas tech giants like Google, Meta, Microsoft, and Twitter laid off tens of 1000’s of workers final yr to economize within the face of a coming recession – and a few will proceed to take action – Tesla by itself has added nearly 29,000 new workers in 2022, a 22-percent enhance over the earlier yr.

In equity, Tesla did lay off workers final yr, however the individuals affected had been principally holding pointless full-time company and distant positions. Whereas Tesla stated it might slash its salaried headcount by as a lot as 10 p.c, it additionally talked about plans to extend the variety of hourly workers in manufacturing. 

In an e mail to workers final yr, CEO Elon Musk stated 10 p.c of salaried positions can be eradicated, noting that the discount didn’t apply to “anybody constructing automobiles, battery packs, or putting in photo voltaic.” Musk additionally promised that hourly headcount would enhance.

He later stated that there can be a 3-3.5 p.c whole discount in headcount, not 10 p.c. Because it seems, Tesla employed far more individuals final yr than it let go.

In a 10-Ok SEC type launched this morning and picked up by Teslarati, Tesla stated it completed 2022 with a full-time headcount of 127,855 workers globally, a rise of 28,565 workers over the earlier yr. 

“Our biggest asset is our individuals and we proceed to draw the very best and brightest with our aggressive pay and advantages package deal which begins with possession. We provide workers the chance to obtain fairness throughout their employment and share within the success of Tesla. As of December 31, 2022, our full-time depend for our and our subsidiaries’ workers worldwide was 127,855, a 29,000 year-over-year enhance.”

On the finish of 2021, Tesla stated it had 99,290 workers, up from 70,757 in 2020. The spectacular will increase within the variety of workers mirror Tesla’s rising actions within the automotive and vitality sectors. 

Manufacturing is Tesla’s fundamental exercise, and the corporate is consistently including new employees to maintain up with elevated automobile manufacturing charges. The automaker delivered 1.3 million automobiles final yr and expects handy over at the very least 1.8 million in 2023, which signifies that Tesla must proceed to ramp manufacturing to succeed in this aim.

Extra workers will clearly be wanted to maintain the elevated output. Tesla’s Gigafactories are its largest employers, with Giga Texas anticipated to contribute probably the most to headcount progress within the coming years. Musk beforehand hinted that as many as 20,000 individuals may finally be employed on the Austin plant, which additionally homes Tesla’s international headquarters.

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