How Much Money Will Be Paid to the Employees That Tesla Will Lay Off?

Recently, Tesla “in transition to a new growth cycle” will undergo restructuring he explained. The company, which has just over 140 thousand employees, was preparing to lay off approximately 10% of its employees. Elon Musk A letter was sent to the employees who will be dismissed. It was also reported that these employees would be paid their compensation within 48 hours.

Contracts are included in e-mails sent to employees’ personal e-mail addresses. actively terminated reported. According to information from employees, the dismissed people were also prevented from accessing the company’s internal systems.

They will continue to receive salaries for 2 months

Tesla will make 2-month payments to its laid-off employees, that is, employees until June 14 They will continue to receive their regular salaries. On the other hand, it stands out that this period was determined without taking into account the seniority of the employees in the company. In other words, both those who work for 1 day and those who work for 10 years will receive the same payment.

Under normal circumstances, US Law requires companies with more than 100 employees to have at least a 60-day notice period before mass layoffs. With this two-month payment, Tesla avoids any penalty it may receive due to this ban. Electric car giant It will also pay the complementary health insurance of these employees for 60 days.

Employees who will sign the agreement will receive their payments after leaving work. 45 days later they will get it. Those who sign the agreement will also sign that they will not sue the company because of their dismissal, will not share company secrets, or will not damage the company’s reputation in public.