Budapest Post

Cum Deo pro Patria et Libertate
Budapest, Europe and world news

Elon Musk says he hopes to eventually find new Twitter boss - as he gives staff 'hardcore' ultimatum

Elon Musk says he hopes to eventually find new Twitter boss - as he gives staff 'hardcore' ultimatum

Musk tells remaining Twitter employees to sign up to "high intensity and long hours" or resign - and says they must be "extremely hardcore".
Elon Musk has said he plans to reduce his time at Twitter and eventually find someone else to run the company.

Musk made the remarks while testifying in the US state of Delaware, where he's defending himself against claims from shareholders that his $56bn (£47bn) pay package at Tesla was too generous.

"There's an initial burst of activity needed post-acquisition to reorganise the company," Musk said in his testimony.

"I expect to reduce my time at Twitter and find somebody else to run Twitter over time," he added.

He also revealed he hoped to complete the restructuring of the organisation this week in a bid to ease the turbulence that has reigned since his takeover.

Rapid change has occurred at the company since Musk's acquisition, including a gutting of senior management and laying off half the workforce.

In further moves to shake up the firm, Musk has sent a message to staff warning them of a coming change in culture.

He told them them they had until Thursday to decide if they wanted to stay on at the company to work "long hours at high intensity" or take a severance package of three months' pay.

Musk told Twitter employees that anyone who had not clicked on a link confirming "you want to be part of the new Twitter" by Thursday evening New York time would be considered to have quit.

"Going forward, to build a breakthrough Twitter 2.0 and succeed in an increasingly competitive world, we will need to be extremely hardcore," the message said.

"This will mean long hours at high intensity. Only exceptional performance will constitute a passing grade."

Musk said Twitter would be "much more engineering-driven" under his leadership, adding that "those writing great code will constitute the majority of our team and have the greatest sway."

The billionaire has also abolished remote working, saying staff would be expected to be in the office at least 40 hours per week and warning Twitter might not "survive the upcoming economic downturn".

He has also taken a no-nonsense approach towards employees who publicly criticise the company.

Several former staffers suspect they have been let go for posting critical comments about Musk or the company online.


One source told Reuters he received a termination email overnight that said "your recent behaviour has violated company policy", and said he believed over 20 people were fired in the latest round.

Several others tweeted on Tuesday that they had received the same emails.

"I would like to apologize for firing these geniuses," Musk tweeted on Tuesday. "Their immense talent will no doubt be of great use elsewhere."
Newsletter

Related Articles

Budapest Post
Close
0:00
0:00
Olaf Scholz Assures: No Cuts to German Welfare State Amid Budget Crisis
Greece and Turkey Agree to Reboot Relations After Landmark Talks in Athens
Greece and Turkey Agree to Reboot Relations After Landmark Talks in Athens
No. 10 Advised: Rwanda Plan Has '50% at Best' Chance of Success Before Election
Significant Shift: UK Voters Express Desire for Closer Relationship with EU Since Brexit
Sadiq Khan Appeals to Progressives for Support Amidst Concerns Over New Voting System
Sunak Faces Further Scrutiny in Covid Inquiry as Pranksters Claim Access to His Former Phone Number
NHS Issues Apology for Sending Incorrect Body for Family Cremation
Labour Intensifies Condemnation of Gaza Violence
Senior doctors' significant pay increase creates tension within NHS
Two distinct investigations into the Covid pandemic are underway in the UK, each adopting a contrasting approach
Stephen Fry Returns to Work Just Three Months After Stage Fall
Laura Kuenssberg Reports: Tory Party Divisions and Disputes Heighten Pressure on Sunak
UK's Generation X Skeptical About Retirement Prospects
EU Fiscal Agreement Sparks Disagreement Between France and Germany Over Investment Expenditure
EU Fiscal Agreement Sparks Disagreement Between France and Germany Over Investment Expenditure
UK Parliamentary Committee Criticizes Lackluster Post-Brexit Financial Reforms
UK Parliamentary Committee Criticizes Lackluster Post-Brexit Financial Reforms
US, UK, Canada Impose Sanctions on Dozens on Human Rights Anniversary The US, UK, and Canada have collectively imposed sanctions on dozens of individuals and entities for human rights abuses to commemorate the 75th anniversary of the Universal Declaration of Human Rights
US, UK, Canada Impose Sanctions on Dozens on Human Rights Anniversary The US, UK, and Canada have collectively imposed sanctions on dozens of individuals and entities for human rights abuses to commemorate the 75th anniversary of the Universal Declaration of Human Rights
"New Beginnings: Greece and Turkey Agree to Repair Relations
"New Beginnings: Greece and Turkey Agree to Repair Relations
Finland's Supreme Court Prevents Extradition of Russian Terrorism Suspect to Ukraine
Finland's Supreme Court Prevents Extradition of Russian Terrorism Suspect to Ukraine
UK Proposes Streamlined Financial Advice to Reduce Costs for Consumers
UK's Labour Party Conducts Review of Financial Services to Boost City's Growth Potential
London City Hall Condemns Blast Targeting Clean Air Zone Camera
Controversy Surrounds President Macron's Hanukkah Candle Lighting Ceremony at Elysée Palace
Venezuela Steps Up Claim on Guyana's Essequibo Region
Spain's First AI Model Earns Up to $10,000 Monthly
German Cabinet Works to Address 'No-Debt' Crisis After Court Outlaws Budget
Former President Restricted from Leaving Ukraine Amid Alleged Plan to Meet Hungary's Viktor Orban
Spain soccer kiss: Furore grows as prosecutors launch probe against federation chief
Paper straws found to contain long-lasting and potentially toxic chemicals - study
FTX's Bankman-Fried headed for jail after judge revokes bail
Blackrock gets half a trillion dollar deal to rebuild Ukraine
Steve Jobs' Son Launches Venture Capital Firm With $200 Million For Cancer Treatments
Greek PM offers tourists affected by wildfires a free stay in Rhodes next year.
Israel: Unprecedented Civil Disobedience Looms as IDF Reservists Protest Judiciary Reform
Google reshuffles Assistant unit, lays off some staffers, to 'supercharge' products with A.I.
End of Viagra? FDA approved a gel against erectile dysfunction
UK sanctions Russians judges over dual British national Kara-Murza's trial
US restricts visa-free travel for Hungarian passport holders because of security concerns
America's First New Nuclear Reactor in Nearly Seven Years Begins Operations
Southeast Asia moves closer to economic unity with new regional payments system
Political leader from South Africa, Julius Malema, led violent racist chants at a massive rally on Saturday
Today Hunter Biden’s best friend and business associate, Devon Archer, testified that Joe Biden met in Georgetown with Russian Moscow Mayor's Wife Yelena Baturina who later paid Hunter Biden $3.5 million in so called “consulting fees”
How “peacekeepers” at the UN spend our American tax dollars.
Singapore Carries Out First Execution of a Woman in Two Decades Amid Capital Punishment Debate
Spanish Citizenship Granted to Iranian chess player who removed hijab
×