Tesla cuts job openings since Elon Musk’s economic warning

Published by
Reuters

By Hyunjoo Jin and Victoria Waldersee SAN FRANCISCO (Reuters) – Tesla has cut job postings by 14% since Chief Executive Elon Musk warned he was worried about the economy, needed to reduce staff and would pause hiring worldwide. Tesla’s actions are a concerning sign of the health of the global economy as markets contract, inflation soars and recession worries run rampant. The number of job listings on Tesla’s website has dropped to 5,011 from 5,855 at the start of the month, according to data provided to Reuters by Thinknum Alternative Data. Listings are down 32% from a recent high on May 21. I…

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