Elon Musk stole media headlines around the world after buying twitter for $44,000 million. The news was received by the public with different positions, but the feeling of insecurity among the employees of the social network seems to be unanimous. In accordance with The Verge, Parag Agrawal, the company’s current CEO, tried to answer the workers’ questions but failed to get into the details of some of the more poignant moments; among them, possibility of dismissal one day the richest man in the world takes control of the company.
According to the above report, still Twitter CEO explained that “so far” there are no plans to reduce staff. However, he stressed that there are no details yet on what might happen after the agreement is completed. “In fact, there is uncertainty about what will happen after the deal closes,” Agrawal said. It is worth noting that the acquisition will be completed before the end of 2022.
But aside from the fact that, at least for now, there are no layoffs on Twitter, it is also unclear how things are with new employees. There was no public mention of a possible “freeze” in the company’s recruitment, although it is logical to assume that internal changes between this moment and the change of command will be minimal.
In any case, the fact is that the purchase of Elon Musk will bring very noticeable changes to Twitter. Most importantly, the company will be delisted from the stock market and returned to private ownership, and this will lead to the dissolution of the board of directors. The CEO position will remain in the hands of Parag Agrawal until the deal is completed, but it is unlikely that he will continue to be associated with the social network after the South African tycoon becomes its new owner.
Uncertainty weighs on Twitter employees
At least some of the employees’ concerns about Elon Musk appearing on Twitter don’t seem unfounded. Many of the workers receive most of your compensation in stockwhich will no longer be the case when the company goes private.
Thus, rumors are fueled that some may leave the platform if they consider that it is no longer economically profitable for them to work there; and shareholding could be the perfect hook for other tech companies looking to bring in Twitter talent, which is frustrated by a new owner today.
“Can someone tell me if I’m rich or fired please?”published by Ned Miles, a social network employee whose tweet went viral after announcing it was sold to Elon Musk.
It can be seen that the unease that reigns in the Twitter team has not gone unnoticed among its current directors. As a preventive measure, the platform has frozen its code until next Friday, April 29th; thus, implementation of changes without authorization was blocked in order to contain any act of rebellion that can be born from workers.
Donald Trump, another cause for concern
At a conference between Parag Agrawal and the staff of Twitter, an unexpected protagonist appeared: Donald Trump. The former US president, permanently banished from the social network in 2021, was the protagonist of rumors that speak of possible “forgiveness” that Elon Musk could implement as part of his speech in absolute defense of freedom of speech.
The workers have consulted with the current CEO about whether a return of Trump is possible, but have not received a definite answer. The chief executive assured that the company is not reviewing the cancellation of suspensions placed on any account, but cannot clarify what will happen after the purchase is completed, and that this question should be answered by Musk himself. “Once the deal closes, we don’t know which path the platform will take”he pointed out.
Meanwhile, Donald Trump assured that he does not intend to return to Twitter, even if Elon Musk allows him to do so in the future. The businessman and Republican politician assured that his goal give a projection of Truthyour own social network.
Source: Hiper Textual
