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re: I just got laid off - AMA
Posted on 2/1/23 at 12:08 pm to irishTiger18
Posted on 2/1/23 at 12:08 pm to irishTiger18
Why are EV companies laying anyone off? Seems like they should be blowing up.
Were you the only employee “laid off?”
Were you the only employee “laid off?”
4
Posted on 2/1/23 at 12:10 pm to Pax Regis
6% RIF, my manager (not my working team lead, this guy was a management pawn in charge of 5 groups or so) also got laid off
Posted on 2/1/23 at 12:25 pm to Pax Regis
quote:
Why are EV companies laying anyone off? Seems like they should be blowing up.
Tesla just drastically lowered their prices and still expect a 20% profit on every car sold. They already have like 70% of the US market and looks like now they are going squeeze other manufacturers into lowering cost and have to sell at a loss. I imagine all are going to have to find a way to cut cost wherever they can.
Posted on 2/1/23 at 12:59 pm to Pax Regis
quote:there are still severe supply chain constraints that are hampering a ton of production, so while demand is still high for EV (all types including transit, every day use, etc) companies are still struggling to meet demand in part bc of this.
Why are EV companies laying anyone off? Seems like they should be blowing up.
Were you the only employee “laid off?”
Also, banks have dried up a good bit to alot of companies.
Lots went on huge hiring sprees last year and are already trying to cut the jobs they added only months later.
Posted on 2/1/23 at 3:07 pm to Pax Regis
quote:
EV companies... should be blowing up
Tesla is only EV that turns a profit.
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