All Twitter Offices Closed as Hundreds of Employees Resign
All Twitter Offices Closed as Hundreds of Employees Resign
The Twitter CEO gave employees until Thursday to decide whether to leave or commit to an “extremely hardcore” culture
offices are shutting down and employees are leaving in droves following an ultimatum from Elon Musk on Wednesday. The CEO asked Twitter employees to either commit to an “extremely hardcore” culture at the company that involves “long hours at high intensity” or leave with severance, the Verge reported. Anyone who did not sign the pledge by 5 p.m. ET Thursday would reportedly receive three months of severance pay, The Washington Post reported.
Hours before the curtain call, hundreds of resignations rolled in, according to the New York Times. And as waves of employees opted for the three months severance pay, Twitter later announced via email that it would close their office buildings and disable employee badge access until Monday.
Before the Thursday deadline, Musk and his advisers held meetings with “critical” Twitter employees in an attempt to dissuade them from leaving, reports say. He also seemed to retreat on his stance on not allowing people to work from home in confusing messages about the company’s remote work policy.
The Twitter exodus follows the growing list of changes that have fallen on the company since Musk’s $44 billion takeover. Earlier this month, Musk fired top executives, slashed off half of the workforce, and fired any remaining staff who dared to bruise his ego on Twitter.
While Musk framed Wednesday’s 36 hour notice to leave or commit to “a breakthrough Twitter 2.0” as a way to give the company a competitive edge, the action is most likely an attempt to cut costs as the possibility of bankruptcy looms.
And although Musk has tried to stop the bleeding by bringing in engineers and managers from his other companies, Tesla included, many of them are unfamiliar with how social media works, reports state.
The future of how Twitter will maintain its ability to mitigate misinformation and generally operate is unclear as the thousands of employees have left in such a short amount of time.
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Charisma Madarang, Khareem Sudlow
