Reportedly Elon is cutting 1/2 of Twitter Workforce tomorrow, along with 12hr / 7 Day work in the office demands; no work from Home. All in All, Elon is just a hypeman... he said he would land Rockets on Mars this year, nope; he said we would have the hyperloop, nope; the cybertruck isn't out yet. Yet when he was the CEO he got his ass thrown out twice.
He doesn't know how to run a business, he just knows how hype it up to get the maximum amount of profit.
And the worse thing he did, was needing other people's money to buy twitter and not 100% his own; the wolves will be coming soon. Getting cut from Twitter now seems like the best option as Elon's ego has really bitten him on the ass.
This has been the game since day 1. Slaving at work can't save you. Having indemand skills is the only way.Welcome to the real world, techbros. No more tiktoks about how little you work for such great pay. They also rarely hire black men/engineers. Recessionary environment means people get laid off. For the ones who are still employed, you better stop screwing around and earn your bread by being productive. Elon is a massive dikkhead, but the Twitter shareholders willingly sold the company to him. They didn't give a shyt about the employees either.
All of these companies are coming for the Human Resource sector next. Just watch.
I'm Full time remote and fully expecting to get the axe on Friday.
I consider it a mercy killing, cuz I was trying to figure out how to get myself on the layoff list anyway. I know working for what remains of Twitter post-layoffs would be terrible, and I'm not here for that.
I got job interviews scheduled for Friday, may have to put them on pause to attend my last meeting
"Excuse me, can we take a 5 minute break? They laying me off right now. "
Nearly a week after billionaire Tesla (TSLA) - Get Tesla Inc. Report CEO Elon Musk took control, the social network is kicking off a new era with an austerity cure aimed at drastically cutting costs as the new owner seeks new sources of revenue to reinvent the platform.
The 7,500 employees of the firm have received an internal email informing them that this Friday, November 4, they will receive an email about their jobs. The email will arrive around 9 a.m. PT, according to the memo reviewed by TheStreet. Twitter's headquarters are in San Francisco.
"In an effort to place Twitter on a healthy path, we will go through the difficult process of reducing our global workforce on Friday," the company said. "We recognize that this will impact a number of individuals who have made valuable contributions to Twitter."
'Unfortunately Necessary'
The Management continued: " This action is unfortunately necessary to ensure the company's success moving forward."
"Given the nature of our distributed workforce and our desire to inform impacted individuals as quickly as possible, communications for this process will take place via email."
"By 9AM PST on Friday Nov. 4th, everyone will receive an individual email with the subject line: Your Role at Twitter. Please check your email, including your spam folder. If your employment is not impacted, you will receive a notification via your Twitter email."
But "if your employment is impacted, you will receive a notification with next steps via your personal email If you do not receive an email from twitter-hr@by 5PM PST on Friday Nov. 4th, please email peoplequestions@twitter.com."
In all, Musk plans to cut half of the jobs, or 3,700 jobs
NEW YORK (AP) — General Mills and Audi are the latest big advertisers to pause ads on Twitter as questions swirl about how the social media platform will operate under new owner Elon Musk.
Spokesperson Kelsey Roemhildt on Thursday confirmed the move by the Minneapolis-based maker of food brands such as Cheerios and Annie’s macaroni and cheese.
“As always, we will continue to monitor this new direction and evaluate our marketing spend,” she said.
Audi spokesperson Whaewon Choi-Wiles said the German automaker is pausing ads and “will continue to evaluate the situation.”
Advertisers are concerned about whether content moderation will remain as stringent under Musk — a self-described “free speech absolutist” — as it has been, and whether staying on Twitter might tarnish their brands.
Shortly before taking over the San Francisco company last week, Musk issued a vow to advertisers that he would not allow Twitter to become a “free-for-all hellscape,” an indication there would still be consequences for violators of its rules against harassment, violence, or election and COVID-related misinformation.
But since then some users have posted racial slurs and recirculated long-debunked conspiracy theories in an apparent attempt to see if the site’s policies were still being enforced. The NAACP said this week it has expressed to Musk its concerns about “the dangerous, life-threatening hate and conspiracies that have proliferated on Twitter” under his watch.
Last week, General Motors announced that it had temporarily paused its Twitter advertising while it works to “understand the direction of the platform.” GM described the pause as a normal step it takes when a media platform undergoes significant change.
IPG Mediabrands sent a recommendation to clients on Monday that they pause advertising on Twitter for a week until more clarity emerges about brand safety on the site, according a person who had seen the recommendation.
Other big Twitter advertisers like Warner Discovery, Coca-Cola and Nestle did not respond to requests for comment about their advertising plans.
Some could evaluate their plans after Twitter’s new “content moderation council” meets. Musk has said he will not reinstate any accounts or make major content decisions before it is convened. No date has been announced for that meeting.
About 90% of Twitter’s revenue comes from advertisers but it’s far from the biggest platform that advertisers turn to for digital marketing. Google, Amazon and Meta account for about 75% of digital ads, with all other platforms combined making up the other 25%.
Twitter will account for 0.9% of worldwide digital ad spending in 2022, according to projections by Insider Intelligence. Meta will account for 21.4% in 2022.
Twitter has lost most of its top executives in the past week, including the one in charge of advertising sales.
Sarah Personette, the site’s chief customer officer, tweeted earlier this week that she resigned on Friday from Twitter and her work access was officially cut off Monday night. Days earlier, she said she had a “great discussion” with Musk and expressed optimism about the company’s future. In announcing her resignation Tuesday, she said she still believes Twitter’s new administration understands the importance of upholding the “brand safety” standards she sought to champion.