Barack Agarwal, Twitter’s chief executive, sought to quell staff anger at a corporate-level meeting on Friday, demanding answers on how managers plan to handle staff-induced mass layoffs. Elon Musk.
The meeting comes after Tesla CEO Musk, who concluded a $ 44 billion deal to buy a social media company, repeatedly criticized a senior official responsible for setting Twitter’s content control policies and speech and security policies.
At the Inner Town Hall meeting, executives said the company would monitor the number of employees on a daily basis, but it was too soon to say how the buyout deal with Musk would affect staff retention.
Musk has raised lenders on board and board salaries, but according to sources familiar with the matter, the exact cost cuts are not clear. One source said Musk would not make decisions about job cuts until he accepted Twitter’s rights.
“I am tired of hearing about partner value and trust obligation. What are your honest thoughts on the possibility that many employees will lose their jobs after the contract is finalized? A Twitter employee asked Agarwal a question he read aloud during the meeting.
Agarwal responded by saying that Twitter has always cared about its employees and will continue to do so.
“I hope the future Twitter system will continue to care about its impact on the world and its customers,” he said.
During the meeting, executives said that the employee attrition rate had not changed compared to previous levels of news that Musk was interested in buying the company.
In recent days, Musk has tweeted criticizing Vijaya Gade, the top lawyer for Twitter experience experienced in Silicon Valley and locally widely respected. Known as Twitter’s “moral authority”.
On Monday, Gade was there Reported During a virtual meeting with the company’s legal and policy committees he cried when he expressed concerns about the company’s path.
In response to a tweet from YouTuber Chaucer NJT about the company’s “top audit lawyer” who once censored the New York Post for a story about Hunter Biden’s laptop contents, Musk Has tweeted that: “Suspending a major news organization’s Twitter account for publishing real news is incredibly inappropriate.”
Muskin’s attack targeted Gade and sparked online harassment. Users targeted Gadde, Tweets: “Just Quit You Scum” and “White Power! White Pride!”
Earlier this week, Musk pressed for final-to-final encryption on the social media platform, raising concerns among users and lawmakers that such protections could make it easier for extremists and criminals to operate online.
“Twitter DMs should have signal-like end-to-end encryption so no one can spy on or hack your messages,” he said. Has tweeted that On Wednesday.
As the company prepares to address the advertising world at a presentation in New York next week, staff told executives that Muskin’s erratic behavior could disrupt Twitter’s business and cause financial damage.
“Do we have a strategy on how to deal with advertisers who attract investment?” Asked one employee.
Sarah Personnet, Twitter’s chief customer officer, said the company was working to keep in touch with advertisers and reassure them that “the way we serve our customers has not changed.”
After the meeting, a Twitter employee told Reuters he did not believe what executives were saying.
“It simply came to our notice then. They told us not to leak and do the work you are proud of, but there is no clear incentive for employees to do this, ”the employee told Reuters, adding that compensation for non-executive employees due to the deal is now limited.
Agarwal is expected to receive $ 42 million if he is fired within 12 months of taking control of the social media company, according to research firm Equilar.
During the meeting, Agarwal urged the staff to look forward to change in the future under the new leadership and acknowledged that the company could have functioned better for many years.
“Yes, we could have done things differently and better. I could have done things differently. I think about it a lot, ”he said.
On Friday, Twitter co-founder and former CEO Jack Dorsey used it Site for writing: “I recently tried to retire from Twitter, but I have to say: the company has always tried to do its best by giving us the information it has. Every decision we make is ultimately my responsibility *. In cases where we made a mistake or went too far, we acknowledge it and work to correct it. .
He added: “Transparent organization in policy and action is the right way to gain trust. It does not matter whether it belongs to a company or an open protocol _what_ deliberately decides that every decision and why it was made should be transparent. Doing this is not easy, but it should happen.
Dorsey also wrote that he did not believe that permanent sanctions were appropriate, except for those that prevent criminal activity. “This is why we need a protocol that is flexible to the layers above,” he explained.
Twitter declined to comment further.
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