Elon Musk Will Make Twitter Employees Partners With The Company

Twitter owner Elon Musk, who made a new mass layoff, sent an email to the remaining employees. According to this email, Twitter employees will become partners of the company on March 24.

In a news we shared with you the other day, the world’s most popular microblogging platform Twitter has a new mass dismissal since it happened we talked about. According to the allegations, 200 more employees were fired, and even names close to Elon Musk were sent from the company. Now about this a new and important development more happened.

The Verge sent a report by Elon Musk to employees. e-mail managed to leak. Musk made a very important statement to the employees in this email. “Last week we completed a challenging organizational overhaul focused on improving future execution by evaluating as much feedback as we could from the entire company.Musk, who started to speak as “, to people still working in the company. Twitter stock will announced.

Stocks will be given according to the performance of the employees.

According to an email from Elon Musk, what’s left after the mass layoffs are March 24They will have a stake in Twitter. Musk states that stock distributions will be performance-based. So the ‘better’ employee will be Twitter’s bigger partner. However, details such as how much shares will fall to the employees are for now. Unknown. New developments on the subject are expected in the coming days.

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Meanwhile; Contacting several employees fired from Twitter, The Verge reported the number of employees. well under 2,000 announced it was. However, this figure is not to be underestimated in terms of stocks. Stock distributions to Elon Musk costwill be determined in the future.

Source :
https://www.theverge.com/2023/2/27/23616933/elon-musk-twitter-employees-stock-awards-march-after-more-layoffs


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