A business has to remain in business in order to keep their employees or hire new people. Jeopardizing the employment of existing employees to keep employees a business has determined that they do not have work for is not fair to them. Do you have any concrete evidence that the specific employees are being fired in bad faith?
It's really revolting, but these days, Wall Street will buy stocks that are announcing layoffs. "Better margins!!!" is all Wall Street hears from layoffs now, not "market headwinds".
And of course the human aspect of losing a job is completely immaterial to the Wall Street trader's mind.
EDIT: A downvote without a rebuttal enriches none of our minds.
They should consider that the best companies with the best profits also made costly investments into quality employees that later paid off down the road after initial unprofitability
"What drives us is our mission to accelerate the world's transition to sustainable, clean energy, but we will never achieve that mission unless we eventually demonstrate that we can be sustainably profitable. That is a valid and fair criticism of Tesla's history to date."
It’s a valid criticism they seem unable to tackle without massive layoffs, which seems problematic. Taking credit for clean energy is good PR though... maybe they’re a PR company?
"profit is obviously not what motivates us" is just corporate-speak, it doesn't mean anything. Amazon also isn't exactly profitable, yet no one would accuse them of being financially unsuccessful.
I like SpaceX because of what they do, not because they 'provide jobs to the community'.