Elon Musk Planning To Run Remaining Twitter Employees Ragged With His New Hardcore Culture
In a recent company-wide email sent to all remaining Twitter employees, Elon Musk asked everyone to commit to "hardcore" hours or leave the company with three months of severance pay.
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According to The Verge, Elon musk has brought down a new ultimatum for his new company Twitter. This ultimatum affects every employee currently working at Twitter. By 5 pm tomorrow, November 17th, 2022, if employees do not sign a document saying that they agree to long ‘hardcore’ hours. They will be let go with 3 months of severance pay.
This was emailed to every employee in the company, and if they do not agree to this email and click the yes button, they will be without a job. Albeit with severance pay, at least. This was brought on after Elon Musk had just let go of roughly half of Twitter’s workforce.
Elon Musk demands that just like his other companies, Tesla and SpaceX. Twitter “Will need to be extremely hardcore.” In this new hardcore environment, if targets aren’t met by the deadlines he has set. People will be fired. This is the case most recently with the new Twitter Blue.
Musk has admitted to firing an engineer for correcting him on Twitter. This has extended to others who have complained publicly and within the company. As many as an additional 5,500 contractors have been fired recently.
This trend of firings is likely to continue as a common practice for Elon Musk. He demonstrated this when he first took over the company by firing hundreds of employees without notice just a few days after the turnover deal was complete.
These hasty and arbitrary decisions that he has made are not being welcomed by many of the employees and investors in the company. He is already facing court time again as he is targeted by shareholders over his compensation package in 2018.
This has started putting Twitter in dire straits as it stands; they were in debt by $13 billion dollars. This is seven times the total amount that the company makes in a year. Elon Musk purchased the company for $44 Billion in March, which is almost four times its debt. Elon musk had paid about 22 times its annual income to acquire this company.
This has been double-downed by the massive loss of revenue in the company due to advertisers either pausing their campaigns or pulling out completely. Both shareholders and investors are not the only ones concerned. This concern has been pushed to the forefront by Musk’s new idea for Twitter.
The new Blue Check system that Elon Musk has decided to implement has been taken advantage of by scammers. Individuals could pay a small price of $7.99 to be verified as anyone they wanted to impersonate. This system has been put on hold temporarily as Twitter will be working on making is a safer and more secure system.
The damage to their reputation had been done already. This low level of credibility and how companies, celebrities, and even Elon Musk himself were being impersonated by this system. This has caused many users of this social media platform to leave and seek out new forms of self-expression. Such platforms include Mastodon, Facebook, and TikTok.
Elon in response to the Blue Check being placed on hold not even two months after release, has fired more people and placed a deadline. If Blue Check is not finished by November 29th, more people will be fired under his ‘Hardcore’ environment.
