Report: Tesla Employee Morale Tanks Amid Layoffs, Cost Cutting

Breitbart | 6/12/2019 | Staff
rach-rach (Posted by) Level 3
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According to a recent report, Tesla’s rankings at job websites have dropped significantly following a series of layoffs and cost-cutting measures at the company, indicating a drop in morale amongst Elon Musk’s employees.

Reuters reports that Tesla Inc’s rankings at both LinkedIn and Glassdoor have dropped significantly in recent months. In April, the company held the 16th place on LinkedIn’s annual “Top Companies 2019” list which was based on actions taken by LinkedIn’s 600 million users who ad express interested in or demand for the company. In 2018, Tesla was fifth on the list while in 2016 the company was sixth.

Glassdoor - Company - Review - Site - Tesla

At Glassdoor, a popular company review site, Tesla’s company rating fell from 3.6 stars to 3.2 based on reviews written in the first quarter. The average rating of nearly 1 million employers reviewed by employees on the site was 3.4 putting Tesla .2 stars below the company average. The company’s “recommend to a friend” rating on Glassdoor fell to 49 percent from a high of 71 percent two years prior.

Glassdoors rating for culture and values, senior leadership, career opportunities, and six-month positive business outlook all dropped significantly while work-life balance and compensation and benefits stayed the same. None of Glassdoor’s metrics for Tesla improved whatsoever. When asked by Reuters about the rankings, a Tesla spokesperson stated that that company was still a highly sought after employer and received over half a million job applications in 2017 and again in 2018. The firm reportedly expected to exceed that figure in 2019.

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