indicate Musk wants to cut down on Twitter’s workforce by 75 percent. Twitter currently has about 7,500 employees., the layoffs could occur before November 1st, the day when employees are supposed to receive their stock grants, which “typically represent a significant portion” of their pay.
Musk may not have to pay these grants if he lays off employees before this date. Sources familiar with the situation told the outlet that some managers have been asked to come up with lists of employees to let go., and subsequently fired numerous executives, including former CEO Parag Agrawal, chief financial officer Ned Segal, and policy chief Vijaya Gadde.
So, corporate america being corporate.
Typical rich scum.
Thank God
dellcam He really is evil.
Burn it. Burn it all. Muwahahahahaha
CEO comes in, saddles company with debt, guts it from the inside to alleviate debt, declares bankruptcy and then sells the assets for pennies on the dollar. What a genius. How different he is! What a visionary!!
The Verge has a super hard on for Elon.
someone should track if he will be hiring for those positions again. if yes, who will be new hires… Russian assets? Maga terrorists?
Super bloated company with way too many employees per dollar generated compared to other technology companies
He used this chart when deciding who was gonna be fired.
The workfarce at Twitter is getting its helping of KARMA. Don't let the door hit you in the ass.
Good!! He should also ban the verge
Good riddance. Twitter was insanely overstaffed.
Elon is ordered to work 40 HOURS IN THE OFFICE per week in able to qualify.
About time Democrat apparatchiks get booted. Besides Biden boasts there are better jobs everywhere. Musk owns Twitter and he doesn’t need your approval. All of us have lost jobs or had to work for a boss who is the Boss. I have tears of joy. Democrats are suffering.
If this happens and does result in massive cuts in employee payments, I'd expect law suits.
What a cheap rich man.
Good
Told them they better organize, fast.
A fantastic window of opportunity to flood the zone with comments - its hard to pack boxes and filter content at the same time.
🗑️
elonmusk