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Elon Musk Drama Could Be Driving Twitter Employees from Company

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Elon Musk Drama Could Be Driving Twitter Employees from Company

Is Elon Musk’s Twitter drama driving staff from the social media firm?

That’s the assertion by Enterprise Insider, which spoke to quite a few nameless staff about their resolution to depart Twitter. “The overall consensus among the many majority of us is that they’re doing a poor job,” one stated, referring to how Twitter management has dealt with Musk’s try to amass the corporate for an eye-watering $44 billion.

Though Musk displayed early enthusiasm for the deal, he subsequently tried to tug out of it, arguing that Twitter had lied to him about its general bot depend. The scenario is now headed to a Delaware courtroom in October, the place a decide might rule that Musk must buy an organization he not desires.

“So many individuals have left they received’t even have to do extra layoffs,” one other worker informed Enterprise Insider. Twitter has reportedly begun subclassifying staff who’ve left on account of Musk.

Twitter had already slowed its hiring within the second quarter, blaming the corporate’s monetary outcomes on the identical macroeconomic headwinds dealing with different tech giants comparable to Meta/Fb and Google. “We… are being extra selective in regards to the roles that we’re filling, and we’ve concurrently seen our attrition charge improve,” the corporate revealed as a part of its second quarter 2022 outcomes.

In Could, again when Musk nonetheless appeared enthused about taking on Twitter, CEO Parag Agrawal instructed the corporate’s workforce would bear just a few tweaks. “Originally of the pandemic in 2020, the choice was made to speculate aggressively to ship large progress in viewers and income, and as an organization we didn’t hit intermediate milestones that allow confidence in these targets,” he wrote. “To be able to responsibly handle the group as we sharpen our roadmaps and our work, we have to proceed to be intentional about our groups, hiring and prices.”

If Enterprise Insider’s reporting is right, it looks as if many staff, by selecting the depart the corporate, are not directly serving to Agrawal’s try to chop prices. However can Twitter keep its strategic roadmap if it’s shedding prime expertise?

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