The Leadership Gap: Why Companies Struggle to Retain Top Executives
02/12/2025
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Companies invest millions in leadership development, yet many of their best executives leave within a few years. Why?
June 14, 2022: -Tesla has laid off its Singapore nation manager just more than a week after the electric carmaker’s CEO Elon Musk warns of global job cuts.
On Sunday, Christopher Bousigues published on LinkedIn that his role had been “eliminated.”
According to the Bousigues’ LinkedIn profile, he was the country manager for Singapore and had been employed by Tesla for more than a year.
He did not give a specific reason for his dismissal but said it was about the job cuts that Tesla had already flagged.
Musk sent a letter to employees this month announcing plans to reduce “salaried headcount by 10% as we have evolved overstaffed in many areas.” Musk said he has a “super bad feeling” about the economy in a separate email to executives, Reuters said.
Tesla employed nearly 100,000 people worldwide as of the end of 2021.
Bouygues said he was the first country manager in southeast Asia and that, in the previous year, he and his team had “built the business from the ground up.”
The former Tesla worker highlighted a few of his achievements, including setting up two showrooms and one service center and launching the Tesla Model Y in the previous week in Singapore.
Companies invest millions in leadership development, yet many of their best executives leave within a few years. Why?
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Companies invest millions in leadership development, yet many of their best executives leave within a few years. Why?
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