Tesla fires Singapore manager a year after he hired him

Tesla Inc TSLA has fired its Singapore country manager just a year after the electric vehicle manufacturer hired Christopher Bousigues for the position.

What happened: Bousigues revealed in a LinkedIn post that his position had been eliminated.

“Tesla announced a 10% staff reduction. My role was chosen to be eliminated effective today,” Bousigues wrote, adding that he was Tesla’s first country manager in Southeast Asia and had founded the company in Singapore.

Bousigues said his team in Singapore has set up two showrooms and a service center and has developed a network of seven superchargers across the island.

Business Insider first reported the development.

See also: Elon Musk wants to cut 10% Tesla jobs, global hiring freeze over ‘Super bad feeling:’ report

Why it matters: Musk reportedly warned this month about job losses at the electric vehicle company, telling employees that Tesla is “stopping all hiring worldwide” and suggesting he has “feeling super bad” about the economy.

Musk had said he wanted to cut 10% of Tesla jobs, although he later clarified that “the overall workforce will increase, but the salary should be fairly stable”.

Price action: Tesla shares closed 7.1% lower at $647.2 Monday, according to data from Benzinga Pro.

This post Tesla fires Singapore manager a year after he hired him was original published at “https://www.benzinga.com/news/22/06/27689846/tesla-let-go-singapore-country-manager-after-elon-musks-job-cut-warning-report”

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