Business Maverick: Musk’s ‘hardcore’ ultimatum sparks exodus, leaving Twitter at risk

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Elon Musk gave Twitter Inc employees an ultimatum to either commit to the company’s new “hardcore” work environment or leave. Many more workers declined to sign on than he expected, potentially putting Twitter’s operations at risk, according to people ...

So many employees decided to take severance that it created a cloud of confusion over which people should still have access to company property. Twitter closed its offices until Monday, according to a memo viewed by Bloomberg. “Please continue to comply with company policy by refraining from discussing confidential information on social media, with the press or elsewhere,” the memo added.

“All that is required for approval is that your manager takes responsibility for ensuring that you are making an excellent contribution,” he wrote, adding that staff should have in-person meetings with their colleagues not less than once per month. Some employees who were departing speculated that so many were leaving, along with their knowledge of how the product works, that the social network may have trouble fixing problems or updating systems during its normal operations, according to people familiar with the matter.by a possible national security review of Musk’s deal by the US government, people familiar said earlier.

The form included just one possible response: “Yes.” Anyone who failed to accept the form by the deadline was told they would be out of the company with three months severance.

 

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