TWITTER STAFF LEFT DIVIDED OVER MUSK
Twitter Employees Search for Answers as Musk Deal Takes Shape
Workers say they have been left largely in the dark about what a sale to the billionaire would mean for them and their shares in the company.
In January 2020, thousands of Twitter employees gathered in Houston for a corporate summit called #OneTeam. During the event, Jack Dorsey, Twitter’s chief executive at the time, revealed he had invited a surprise guest. Then, with a wave and a smile, Elon Musk appeared on giant screens above the stage. The crowd cheered, clapped and pumped fists. “We love you,” one employee shouted.
Inside Twitter today, surprise announcements about Mr. Musk land differently. Employees said they have largely stopped celebrating the richest man in the world since he declared his intent earlier this month to buy Twitter, scrap its content moderation policies, and transform the publicly traded company into a private one.
Twitter employees also said they are frustrated because they weren’t hearing much from their management about what was going on with the takeover fight and what it meant for them, even as Twitter closed in on a deal with Mr. Musk on Monday morning. They asked their chief executive, Parag Agrawal. They asked Elon Musk himself in questions sent on Twitter. Some even went to Charles Schwab, the financial firm that manages their stock options, for clarity about the impact a sale of the company would have on them.
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Silly people, they think management cares about the “Useful Idiots” who work for them. Still Amazed that Twitter is worth 44 Billion dollars? For primarily bot generated content.
It serves a purpose to .gov. A very valuable one at that.
The question is whether Musk will change that.
Lots of possibilities going forward.
Yup.