Elon Musk Statement
According to sources, Elon Musk told Twitter employees that remote work will end and that “tough times” lay ahead.
The proprietor of the social media company informed staff through email that employees can plan to spend at least 40 hours each week at the workplace.
There was “no way to sugar coat the truth,” Mr. Musk continued, that the weakening global economy will affect Twitter’s ad sales.
Twitter has been contacted by the BBC for comment.
As a result of the effectiveness of its remote working policies during Covid lockdowns, the San Francisco-based corporation informed its workforce in May 2020 that they could work from home “forever” if they so desired.
But Mr. Musk has publicly stated that he has a negative opinion of remote work, writing earlier this year on the website he now controls that “People have been duped into believing that you don’t actually need to work hard by all the Covid stay-at-home propaganda. Unkind awakening is coming!”
Elon Musk informed Tesla employees
Working remotely was no longer acceptable, Mr. Musk, who is also the CEO of Tesla, informed Tesla employees in June.
The businessman declared that, similar to Tesla, he would only personally offer exemptions to Twitter employees who want to work remotely.
A week after acquiring Twitter in a $44 billion (£38.7 billion) acquisition, the richest man in the world has already stated that half of the company’s workforce will be laid off.
Due to the company’s daily loss of $4 million (£3.51 million), Mr. Musk claimed he had “no choice” but to make the changes. He has attributed a “huge loss in revenue” to “activist groups lobbying advertising.”
The savings and Mr. Musk’s ardent support for free expression have raised concerns that Twitter’s content control efforts may be weakened.
The platform’s approach to dangerous material, according to Mr. Musk, is “completely unaltered.”
Top Twitter staff Resignations
Numerous top Twitter execs announced their resignations on Thursday. Lea Kissner, chief information security officer, said they had made the “painful decision” to quit the business.
Damien Kieran, the chief privacy officer, and Marianne Fogarty, the chief compliance officer, both left their positions, according to the technology news website The Verge.
The social media site will soon offer users the option to purchase blue-tick verified status for $8 per month as part of Mr. Musk’s shake-up.
Mr. Musk stated in an email to staff that he intended subscriptions to make up 50% of all Twitter revenue.
However, the policy change is debatable due to worries that the platform would become inundated with bogus accounts.
The verification badge was previously only awarded to well-known or well-known accounts that Twitter had examined and determined to be real.
The blue checkmark can now indicate one of two things: either that a user’s account has an active subscription to Twitter Blue or that it was confirmed under the prior verification standards (active, notable, and legitimate).
“Accounts that acquire the blue checkmark as part of a Twitter Blue subscription will not undergo review to certify that they match the active, remarkable, and authentic criteria that was employed in the prior process,” reads a statement on the Twitter website.
Along with the UK, users of Apple iOS in the US, Canada, Australia, and New Zealand can now access the new system.
Grey Tick on official accounts
Many Twitter users discovered a new “official” grey tick had been added to numerous government, business, and public figure accounts on Wednesday.
However, it was abandoned hours later, with Mr. Musk responding to one account saying he “killed it.”
After being questioned about whether Mr. Musk, the owner of Twitter, posed a threat to national security and whether Saudi Arabia should be looked into for assisting him in buying Twitter, US President Joe Biden responded on Wednesday that Mr. Musk’s relationships with foreign nations were “worthy of being looked at.”
“I’m not implying that he is acting inappropriately, whether or not that is the case. I’m saying it merits investigation. It’s all I have to say “Biden stated.
After Mr. Musk’s takeover, Prince Alwaleed bin Talal of Saudi Arabia is still among Twitter’s largest owners.
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