CoinDesk exec Pete Pachal provided insight into Tesla CEO Elon Musk cutting 10% of its salaried workforce on FOX Business' 'Mornings with Maria.'
Pete Pachal, CoinDesk's chief of staff for the content team, provides insight into Elon Musk’s Tesla hiring plans.Monday, arguing that Elon Musk’s Tesla layoff announcement is the "worst… in history" and that it’s due to the bad "economy."Is this not one of the worst announcements of layoffs in history?...
CoinDesk exec explained Elon Musks' decision to layoff 10% of Tesla's salaried workforce on"Mornings with Maria." But it's really… the economy and a lot of these tech companies staffed up during the pandemic. There were a lot of trends due to lockdowns and things around the pandemic that led to a certain amount of success, so they staffed up and that's inevitably going to lead to bloat.
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