Tesla fires Singapore executive following warning from Elon Musk
Tesla Inc went on to fire Christopher Bousigues, its Singapore country manager, this week. This came barely a week after Elon Musk, the CEO of the electric vehicle manufacturer, warned of global job layoffs. Bousigues said on LinkedIn on Sunday, June 12 that his position had been ‘eliminated.’ According to his LinkedIn page, the former Singapore executive held the post of Singapore country manager. It also revealed that Tesla only hired him for a little over a year. Bousigues did not give a specific explanation for his abrupt resignation but did say it was related to the employment layoffs that the electric vehicle producer had already announced.
Bousigues wrote in his article that his position was “selected to be terminated” as part of Tesla’s 10% personnel reduction plan. He went on to say how happy he was to be “the company’s first country manager in Southeast Asia.” He went on to discuss how he and his team created the company “from the ground up,” making Tesla’s Model 3 a common sight in Singapore’s car scene. He also mentioned how they had established a service center, two showrooms, and a network of seven superchargers across Singapore.
He expressed gratitude to everyone who supported him after the successful introduction of Model Y barely a day before his termination. He went on to say that rather than being covert, he wanted to be “open” and honest by spreading the news. Finally, he expressed his desire to return to his home in Southern France, stating that he had only come to the island for the work.
Tesla CEO Elon Musk revealed plans to reduce “salaried headcount by 10%” in a letter to employees this month, alleging that the company was “overstaffed in key areas.” He said he has a “very negative feeling” about the economy and believes the EV maker’s employment cuts are essential. The memo to the staff was labeled ‘stop all hiring worldwide,’ and it arrived just two days after Musk asked employees to return to work or leave.
Clearly, this added to the growing chorus of concerns from corporate leaders about the potential for a recession. According to its annual SEC filing, the electric carmaker employed roughly 100,000 people at the end of last year, including its subsidiaries.