Twitter CEO needs to appease employees after Musk’s announcements

The Twitter workforce is nervous about the personnel decisions new owner Elon Musk intends to make.
Image: AFP

The Twitter workforce is nervous about the hiring decisions that the company’s new owner, Elon Musk, intends to make. Musk has already proposed cutting board and executive salaries.

D.On Friday, Twitter CEO Parag Agrawal had to placate his employees at a company-wide meeting. In an internal meeting, which could be followed by the Reuters news agency, employees awaited answers on how possible mass layoffs will be addressed if Elon Musk were to take over the company.

“What do you honestly think about the very high probability that many employees will be out of work after the transaction closes?” Asked a Twitter employee. Twitter has always cared for its employees and will continue to do so, the CEO said. The company’s executives also said it’s too early to say how the acquisition deal with Musk will affect employee retention.

The meeting came after Tesla’s CEO signed a $ 44 billion deal to buy the social media company. Musk had suggested that lenders cut board and executive salaries. According to an insider, the entrepreneur won’t make any decisions about cutting jobs until he owns Twitter.

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