What does Musk's takeover mean for Twitter employees
In January 2020 Twitter employees gathered at the #OneTeam summit in Houston, during which CEO Jack Dorsey revealed that he had invited a special guest. In came Elon Musk waving and smiling on giant screens above the stage. The employees were at the time thrilled.
But they have stopped celebrating the world's richest man since. Twitter employees said that were not Musk's biggest fans ever since he declared his intent to buy Twitter, scrap its content moderation policies and transform the public traded company into a private one. Over the last two weeks of the takeover, Twitter employees have been kept in the dark. They reached out to Parag Agrawal and even Musk through Twitter but didn't receive any response. Finally, on Monday afternoon Agrawal and the company chairman Bret Taylor met with the employees to give them some answers. The compensation will largely remain the same under Musk, however, such assurances cannot be made about Twitter's policies and culture. The company's over 7000 employees are concerned that Musk would undo all the work they had previously put into moderate content on Twitter not only that since the company is turning private most employees who own stocks in the company are worried about its future.
Silences and hostility are not unfamiliar during takeovers, however, for a company like Twitter that acts as the world's town square, for its employees to find out about their status from the service they built in the first place seems like a bitter deal.
Source: New York Times
Category
Organizational &
Educational Assistance
Privacy
Leadership &
Parental Leave
Business Acumen
Cybersecurity
Organization & Employee Development
Mental Health Benefits
Workplace Security
Religious Accomodations
Change Management
Paid Leave
Eligibility Verification (I-9)
Health Care Benefits
Gender Identity
Workplace Culture
Emergency Response
Employment Testing
Ethnicity
Retirement & Recognitions
Hiring & Firing
Discrimination
Time Worked
Workplance Violence
Hiring
People Management
Drug & Alcohol Testing
Employee Surveys
Work Life Integration
Data Security
Pay Equity
Executive Compensation
Employee Handbooks
Whistleblowing
Vendors & Software
Career Development
Consultation
Severance Pay
Retaliation
Overtime Pay
Artificial Intelligence
Payroll
Disability Accomodations
Investigations
Talent Acquisition
Environmental Health Hazards
Retention
Wellness Benefits
Bonuses & Incentives
Tags
Article
A Guide for HR Professionals to Ensure Diversity and Inclusivity at Workplace
One of the key responsibilities of HR teams is to ensure a diverse workplace and manage it effectiv ...
All you need to know about the teaching profession
Teaching jobs: transformative teacher roles you can undertake amidst the teacher shortage in the US ...
Are 4 day work weeks the future?
Robert Owen, a Welsh textile mill owner, social reformer, and labor activist came up with a slogan ...
Top paying Careers in 2021
The economy may be taking its time with recovery, but hiring and job hunting are at an all-time hig ...
Comments