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Tesla revamps AI and robotics team after extensive layoffs

Tesla revamps AI and robotics team after extensive layoffs

Cryptopolitan2024/07/16 21:31
By:By Chris Murithi

Share link:In this post: Tesla revamps AI and robotics teams post-layoffs. The new hiring wave follows significant workforce cuts. Tesla rebuilds key departments for the Robotaxi project.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

Following a massive reduction in its workforce, Tesla recently announced job openings in the AI and robotics departments. The decision comes after the company implemented a hiring freeze and cut staff by 15-20%, including high-ranking executives. These measures were intended to address immediate business concerns and prepare for potential economic downturns.

Also read: Microsoft unveils software to integrate Large Language Models with spreadsheets

Elon Musk, who had stepped back from daily involvement at Tesla , resumed his control amid a proxy battle over his compensation plan. While the layoffs were necessary for stabilizing the firm, they did adversely affect employees’ spirits and workloads. Currently, Tesla is reestablishing its critical departments to support forthcoming projects such as Robotaxi which is slated for launch this August.

Tesla rebuilds key departments amid new hiring wave

Tesla is now prioritizing the AI, self-driving, and robots departments in its latest job advertisements. These zones are fundamental for future innovation and development of the company, especially as it gets ready to introduce new technologies and platforms into the market. Although hiring had been put on hold across most divisions following layoffs, this is no longer the case; they are actively looking for talents to fill up positions that will strengthen these critical areas.

The scope of this recruitment drive goes beyond artificial intelligence or robotics alone. Other job opportunities available at Tesla include those within the service and sales departments. Additionally, there is also an opening for a lithium refinery currently being built in Robstown, Texas, which shows wider intentions toward staffing up after going through significant downsizing.

Also read: UK growth outlook upgraded by IMF; ECB weighs September rate cut

Tesla’s operations and employees were greatly affected by the layoffs. In addition to losing colleagues, workers also had to bear heavier workloads due to the smaller team that the company was running with. Letting go of such a large fraction of its workforce was seen as a money-saving measure aimed at steadying the corporation in an economically shaky period.

The latest hiring spree at Tesla is bringing on board hundreds of new employees across different units, which contrasts with the previous decision not to hire. This move is believed to be in line with supporting various lofty undertakings of the firm such as the Robotaxi program and AI or self-driving tech advancements.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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