Twitter’s workforce is puzzled over what personnel decisions new boss Elon Musk intends to make.
Image: AFP
Twitter’s workforce is terrified by the decision to hire the company’s new owner, Elon Musk, who plans to make the move. Musk has already proposed cuts to board and executive pay.
DTwitter CEO Parag Agarwal had to pacify his employees during a company-wide meeting on Friday. In an internal meeting, to which Reuters news agency responded, employees awaited answers on how potential mass layoffs would be dealt with if Elon Musk The company handles
“What do you honestly think about how many employees will be out of work after the transaction is closed?” said the CEO. Twitter has always taken care of its employees and will continue to do so, the CEO said. Company officials also said it was too early to say how the acquisition agreement with Musk would affect employee retention.
The meeting comes after the Tesla CEO struck a $44 billion deal to buy the social media company. Musk had suggested lenders to cut board and executive pay. According to an insider, the entrepreneur will not take any decision on job cuts until he becomes the owner of Twitter.
Connor Beaumont is a contributor to CA News Ottawa, covering news, politics, business, technology, sport, entertainment, and lifestyle. He focuses on clear, accurate reporting and useful information that helps readers stay informed about current affairs and developments that shape their communities. His work highlights relevant stories, emerging trends, and important issues, presenting them in a balanced, accessible, and reader-friendly manner.
