Elon Musk's First Email To Twitter Employees Ends Work From Home
After a chaotic takeover of Twitter, the new boss Elon Musk in his first email to company employees announced the ending of remote work, new agency Bloomberg has reported.
After a chaotic takeover of Twitter, the new boss Elon Musk in his first email to company employees announced the ending of remote work. Musk, mentioned in the email that remote work would no longer be allowed and that Twitter employees would be expected to report to the office for at least 40 hours per week, says a report by news agency Bloomberg on Thursday.
The report added Musk as saying that there was "no way to sugarcoat the message" about the economic outlook and how it will affect an advertising-dependent company like Twitter.
Musk is progressing with his plans to slim down Twitter since he bought the 396 million-member micro-blogging platform for $44 billion on October 27. Musk’s deal has taken Twitter private, dissolved the platform’s board and enhanced his unilateral power as CEO. But mass redundancy announcements made since he took control have been scrutinised globally. Musk’s plans to restructure Twitter began with laying off top executives before notifications were emailed to around half of the Twitter global workforce that they were being made redundant or that their jobs were at risk.
In a memo to staff, Musk defended the firings as “an effort to place Twitter on a healthy path” and “unfortunately necessary to ensure the company’s success moving forward”.
Meanwhile, Twitter has told advertisers that its daily user growth has hit an "all-time high" after Musk's takeover week, as several advertisers leave the platform amid internal chaos. According to a company document obtained by The Verge, Twitter's monetisable daily user (mDAUs) growth has accelerated to more than 20 per cent after Musk takeover.
"Twitter's largest market, the US, is growing even more quickly," according to the document. As per the report, Twitter has added more than 15 million mDAUs, "crossing the quarter billion mark".