Fears of a possible recession have risen globally. On the matter, several companies have cut staff or paused hiring, a trend Tesla hasn’t been able to get rid of, according to expert media.

A few weeks ago, Elon Musk claimed he had a “super bad feeling” about the economy, so he decided to lay off 10% of his 100,000 employees worldwide and stop adding new staff.

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In fact, on June 11, it was learned that Tesla’s manager in Singapore, Christopher Bousigues, was fired.

Tesla announced a 10 percent reduction in its workforce. My role has been selected to be eliminated as of today,” Bousigues said on his LinkedIn account.

The man, who went to Singapore to take up the post last year, thanked those who supported his work at Tesla and highlighted some of his achievements during that time.

Elon Musk won’t get a new manager

“Last year, the team and I built the business from scratch. When such a thing happens, one wonders what is the best course of action, should one remain prudent or remain silent about it. After all, that’s not how I was built. Transparency and honesty are indisputable to me, so sharing this news felt like the right thing to do with my network.”

In accordance with Business TimesElon Musk won’t be hiring a new manager, instead he plans to have Tesla Hong Kong take over the task of overseeing operations in Singapore.

Shares of Tesla fell 3% before trading in the US, while shares listed in Frankfurt fell 3.6% as recorded. Reuters.

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