Tesla’s Elon Musk apologizes for severance package errors after mass layoffs


Source: qz.com qz.com

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Tesla CEO Elon Musk said some severance packages sent to some of the more than 14,000 Tesla employees laid off this week were “incorrectly” low. “As we reorganize Tesla it has come to my attention that some severance packages are incorrectly low,” Musk said in a brief email sent to employees on Wednesday reported by CNBC. “My apologies for this mistake. It is being corrected immediately.” Advertisement Tesla issued its largest round of layoffs in its 20-year history on Sunday, firing “more than 10%” of its 140,000 workers worldwide. Although it’s unclear exactly how many workers have been laid off,...