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 &
Wellness Benefits
Leadership &
Affirmative Action
Mental Wellness
Business Continuity
Retention
Data Security
Intellectual Property
Organizational Structure
Sexualy Harassment
Business Acumen
Hiring
Discrimination
Remote & Hybrid Work
Job Descriptions
Workplance Violence
Relationship Management
Recruiting
Paid Leave
Investigations
HR Software
Electronic Records Management
Educational Assistance
Employment Testing
Workforce Planning
Religion & Spirituality
Employee Relations
Consultation
Artificial Intelligence
Opening & Closing
Mentoring & Coaching
Risk Management
Vendors & Software
Dependent Benefits
People Management
Employment Contracts
Employment Offers
Workers' Compensation
Campus Placement
Whistleblowing
Ethnicity
Health Savings Accounts
Communication
Communicable Diseases
Fiduciary Duty
Executive Compensation
Employee Engagement
Benefits Reporting & Disclosure
Ethical Practice
Tags
Article
A complete breakdown of the US Commercial Drivers Licenses
In the United States of America to operate any type of large automobile, you need a license. This i ...
With Manufacturing Jobs Returning to America, What Does It Mean for Manufacturing Job Seekers?
Reshoring is on its way for the US, due to the ongoing COVID-19 crisis, especially for the tech man ...
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 ...
This Thanksgiving - Give Thanks To All These People
This Thanksgiving is going to be different, no doubt! But it need not be different in a negative se ...
Comments