Elon Musk, the newly appointed owner of Twitter Inc, sent his first email to employees late Wednesday warning them of “difficult times ahead” and banning remote work unless he personally approves it.
According to the email, Musk stated that there was “no way to sugarcoat the message” concerning the economic outlook and how it will harm an advertising-dependent company like Twitter. The new guidelines, which go into effect immediately, will require employees to work at least 40 hours every week.
Since taking over as CEO of Twitter, Musk has let go of over half of the company’s employees as well as the majority of its senior team. The cost of the Twitter Blue subscription has increased to $8, and user verification has been added. Musk stated in the email that he wanted subscriptions to account for 50% of Twitter’s earnings.
Twitter had instituted a permanent work-from-anywhere policy for its employees during the pandemic. This was one of the first topics Musk addressed during his all-hands call with Twitter employees after announcing his purchase of the company earlier this year. He had previously stated that he is opposed to remote work and would only make exceptions on a case-by-case basis.
He has also removed “days of rest,” a monthly company-wide day off introduced during the pandemic, from the calendars of Twitter employees. Its expiration revealed Musk’s frustration with the current workplace atmosphere at Twitter.
“The road ahead is arduous and will require intense work to succeed,” Musk wrote in his email to employees. In a separate misive, he added that “over the next few days, the absolute top priority is finding and suspending any verified bots/trolls/spam.”
Musk has announced a series of measures to transform the company and lay off half of its employees and numerous key executives, just two weeks after he completed the purchase of the popular social networking platform for $44 billion.
According to the report, citing the email, Musk reportedly told employees that he wanted subscriptions to make up 50% of Twitter’s revenue. Twitter had said when it reopened its offices in March that employees could continue to work from home if they wished.
Musk’s approach is in line with his other companies, SpaceX and Tesla Inc (TSLA.O), where he has instructed employees to work at least 40 hours a week in the office or face termination.
The post Elon Musk Announces Ban On Remote Work At Twitter appeared first on Traveling Lifestyle.
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By: Maria Valencia
Title: Elon Musk Announces Ban On Remote Work At Twitter
Sourced From: www.travelinglifestyle.net/elon-musk-announces-ban-on-remote-work-at-twitter/
Published Date: Thu, 10 Nov 2022 14:41:59 +0000
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