Musk’s Acquisition ‘Stresses’ Twitter Employees

Elon Musk’s acquisition of Twitter means that the company expects huge changes. According to some information, Twitter employees seem to be extremely worried about these possible changes.

As you know, Elon Musk, the richest person in the world, is now a social media giant. Twitter’s new owner. Musk’s desire to buy Twitter first emerged about a month ago, shortly after the billionaire businessman became the company’s largest shareholder; Despite all the efforts of the Twitter administration, Musk got what he wanted and recently announced that he had bought Twitter.

As you can imagine, such a big change means a lot within the company. other fundamental changes means it is inevitable. However, it seems that Twitter employees are against some changes that will take place with Musk. an uneasy approach exhibits.

What Musk can do creates unease among Twitter employees

According to new information, Twitter employees in Singapore, after Elon Musk bought the social media platform payment and stock optionsWorried about possible changes. While the company’s Asia-Pacific headquarters in Singapore appears to continue to operate as usual, the company’s brink of privatization has made it difficult to find out about wages among employees. uneasiness it creates.

With a change in ownership of a company, it is quite possible that some radical revisions will occur in the workforce structure as well. These remarkable changes naturally occur in an organization. staff positions also affects.

Yesterday, several Twitter employees admitted that they weren’t too worried about potential layoffs; however stock options and compensation packages Many different issues seem to be on the minds of Twitter employees before Elon Musk’s upcoming takeover. Moreover, the discomfort felt by employees over Musk’s purchase of Twitter has begun to show its effects. The decision of employees at Singapore Headquarters to cancel an event after Musk’s $44 billion offer is shown as one of the clearest examples of this situation.

Musk explores potential solutions that could lower the platform’s expenses

Elon Musk

A Twitter employee can discuss the possible consequences of purchasing the platform, the pay structures and contracts of employees with stock options. renegotiation He draws attention to the issue by stating that they will need to do it. However, company employees, like the general public, do not know much about purchasing, and they have little choice but to wait and see what happens. is not means.

What’s more, SpaceX CEO did not hold any official position within Twitter, by an employee. verified exists. The same employee also stated that it is too early to comment on the cost reduction; This is because the agreement has not yet not final means it is.

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In addition, according to some sources, Musk is trying to improve Twitter’s finances. to reduce costs evaluates ideas. The anonymous sources in question stated that the Tesla CEO was considering layoffs during the financing of the Twitter acquisition; Twitter CEO Parag Agrawal told his employees at a recent meeting about the company’s layoff plan. that you didn’t It is noteworthy that he said

Source :
https://www.gizchina.com/2022/04/30/twitter-singapore-employees-raise-concerns-over-elon-musk-takeover/


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