![]() Musk said earlier this week that some Tesla engineers were assisting in evaluating Twitter’s engineering teams, but he said it was on a “voluntary basis” and “after hours”. “There will be short, technical interviews that allow me to better understand the Twitter tech stack,” Musk wrote in one of the emails. In his emails on Friday, Musk ordered employees to email him a summary of what their software code has “achieved” in the past six months, “along with up to 10 screenshots of the most salient lines of code”. One of those sources also said the company was planning to shut down one of Twitter’s three main US data centres, at the SMF1 facility near Sacramento, for cost-saving reasons.Īmid the changes, ratings agency Moody’s withdrew its B1 credit rating for Twitter, saying it had “insufficient or otherwise inadequate information to support the maintenance of the rating”.Ī White House official also weighed in, saying Twitter should tell Americans how the company was protecting their data, a CNN reporter tweeted. Reuters could not immediately confirm whether the headquarters reopened.Īs of midday Friday, the company had not yet cut off access to company systems for employees who had declined to accept Musk’s offer, two other sources told Reuters. Twitter told employees on Thursday that it would close its offices and cut badge access until Monday, according to two sources. The exodus adds to the rapid change and chaos that have marked Musk’s first three weeks as Twitter’s owner, during which the company’s headcount had already been more than halved by layoffs and other departures to approximately 3,700 workers. ![]() The emails came a day after hundreds of Twitter employees apparently decided to leave the beleaguered social media company following a Thursday deadline from Musk that staffers sign up for “long hours at high intensity”. He said the engineers should report at 2pm Friday (22:00 GMT). I look forward to working with you to take Twitter to a whole new level.Keep reading list of 4 items list 1 of 4 Within a week of takeover, Musk announces layoffs across Twitter list 2 of 4 Elon Musk, in first email to Twitter staff, ends remote work list 3 of 4 Musk halts Twitter’s coveted blue tick as impostors run amok list 4 of 4 Trial over Tesla boss Musk’s $56bn pay package starts end of list Obviously, if you are physically unable to travel to an office or have a critical personal obligation, then your absence is understandable. Starting tomorrow (Thursday), everyone is required to be in the office for a minimum of 40 hours per week. Managers will send the exception lists to me for review and approval. We are also changing Twitter policy such that remote work is no longer allowed unless you have a specific exception. The road ahead is arduous and will require intense work to succeed. This is the Spaces discussion that Robin, Yoel and I hosted today: Of course, we will still then be significantly reliant on advertising, so I am spending time with our sales & partnerships teams to ensure that Twitter continues to be appealing to advertisers. We need roughly half of our revenue to be subscription. Without significant subscription revenue, there is a good chance Twitter will not survive the upcoming economic downturn. ![]() That is why the priority over the past ten days has been to develop and launch Twitter Blue Verified subscriptions (huge props to the team!). Moreover, 70% of our advertising is brand, rather than specific performance, which makes us doubly vulnerable! Sorry that this is my first email to the whole company but there is no way to sugarcoat the message.įrankly, the economic picture ahead is dire especially for a company like ours that is so dependent on advertising in a challenging economic climate. Personal Loans for 670 Credit Score or Lower Personal Loans for 580 Credit Score or Lower Best Debt Consolidation Loans for Bad Credit
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