April 29, 2024

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Elon Musk begins layoffs on Twitter

Elon Musk begins layoffs on Twitter

There is nothing visionary or innovative about dismissing ‘summary workers’ by email, especially people with ‘specialist experience and deep organizational knowledge’ and accepted Mr. Musk, he said. Musk appears to ‘have a basic understanding of business.’

While federal and California laws require companies to provide advance notice of mass layoffs, it wasn’t clear whether Mr. Musk did it. A spokesperson for the California Department of Employment Development said Thursday evening that it has not received such notifications from Twitter, which is based in San Francisco, and the agency is expected to report mass layoffs.

Under the terms of his Twitter acquisition, Mr. Musk agreed to keep employee compensation and benefits unchanged for one year. Twitter workers typically receive at least two months’ salary and the cash value of the shares they were due to receive within three months of the layoff date, according to an internal benefits summary seen by The Times.

Rumors of impending layoffs spread across the company. On Wednesday, employees took note of Slack’s letter that indicated the possibility of laying off 3,738 people. The letter indicated that changes could still be made to the list, according to a copy seen by The Times.

On Wednesday evening, some employees circulated the phrase “layoff guide“With advice on corporate monitoring and employment rights. A worker created a program to help colleagues download important emails and documents. It was later FiredHe said.

On Thursday, workers received further signals that their workplace is changing. Two people familiar with the matter said that Twitter’s program of “rest days”, which are monthly vacation days so employees can rest and recharge, have been removed from their calendars. Some workers have also noticed that the employee handbook has been taken offline, according to internal conversations seen by The Times.

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“Has the red wedding started?” A staff member wrote on Slack, a reference to a massacre scene in “Game of Thrones.” Nine minutes later, the company sent the email notifying workers of the layoffs. The letter said that employees who will keep their jobs will receive a letter stating this in their companies’ accounts, while employees who are laid off will be notified of their personal accounts.