Tag: Twitter musk

Twitter Faces More Legal Fallout Over Worker Firings Under Musk
6Dec By adminNo Comments
Technology

Twitter Faces More Legal Fallout Over Worker Firings Under Musk

[ad_1] Twitter Inc. is facing new legal fallout from mass layoffs under Elon Musk’s management,. Twitter Inc. is facing new legal fallout from mass layoffs under Elon Musk's management, including complaints from some workers that severance payments are less than promised and from other employees that the company retaliated against them for exercising protected labor rights. The latest legal actions follow a class-action lawsuit filed when the layoffs first began in early November which accused the company of failing to give enough notice to hundreds of employees facing termination. A Los Angeles lawyer on Monday said she has filed individual arbitration claims on behalf of three employees who claim the company hasn't committed to paying them the severance they were promised befor...
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Anatomy of the week the Elon Musk tornado hit Twitter
7Nov By adminNo Comments
Technology

Anatomy of the week the Elon Musk tornado hit Twitter

[ad_1] The whirlwind week that Elon Musk took over Twitter began with sleepless nights for company engineers -- and ended with half the staff getting the axe. The whirlwind week that Elon Musk took over Twitter began with sleepless nights for company engineers -- and ended with half the staff getting the axe. "It was a strange week," said one former employee speaking on condition of anonymity. "Executives were getting fired or were resigning, but there was basically no official communication until 5 pm Thursday," some seven days after the deal was made official. The employees received a first email Thursday informing them that they would know their fate the next day. On Friday, the second email confirmed the rumors: 50 percent of the staff lost their jobs. The cull hit the mar...
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Cesspool or civility? Elon Musk’s Twitter at a crossroads
6Nov By adminNo Comments
Technology

Cesspool or civility? Elon Musk’s Twitter at a crossroads

[ad_1] The discourse was never all that civil on Twitter. The discourse was never all that civil on Twitter. The loudest voices have often drowned out softer, more nuanced takes. After all, it's much easier to rage-tweet at a perceived enemy than to seek common ground, whether the argument is about transgender kids or baseball. In the chaos that has enveloped Twitter the platform — and Twitter the company — since Elon Musk took over, it has become clear this isn't changing anytime soon. In fact, it's likely to get much worse before it gets better — if it gets better at all. Musk, with his band of tech industry loyalists, arrived at Twitter just over a week ago ready to tear down the blue bird's nest and rebuild it in his vision with breakneck speed. He quickly fired top executive...
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Remaining Twitter Advertisers Are Still Undecided on Sticking With Musk
5Nov By adminNo Comments
Technology

Remaining Twitter Advertisers Are Still Undecided on Sticking With Musk

[ad_1] Several big-name Twitter advertisers are monitoring Elon Musk’s changes to the service. Several big-name Twitter advertisers are monitoring Elon Musk's changes to the service, watching and weighing whether to stay on the platform even as United Airlines Holdings Inc. joined a spate of high-profile marketer defections. Microsoft Corp., Verizon Communications Inc. and Charter Communications Inc. are among the companies taking a wait-and-see approach, and have not yet made a decision about their Twitter advertising, according to people familiar with the matter, who asked not to be identified discussing private information. The companies declined to comment. United Airlines suspended its advertising on Twitter earlier this week, spokeswoman Leslie Scott said Friday without com...
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Twitter Layoffs Spur Concerns About US Midterms, Human Rights
5Nov By adminNo Comments
Technology

Twitter Layoffs Spur Concerns About US Midterms, Human Rights

[ad_1] Musk slashed more than half of workers days before election. Elon Musk's broad-based cuts at Twitter Inc. are leading current and former employees to question whether the social network will have the resources to keep crucial systems like content moderation running effectively, including during the US midterm elections on Tuesday. Musk on Thursday and Friday slashed over half the staff, affecting almost every team at the company. Product and engineering teams were gutted by well over 50%, according to two people with knowledge of the matter, and other groups — like communications, marketing, human rights and diversity — were almost completely eliminated. Those who were suddenly restricted from email and Slack were left frantically messaging in outside Signal and chat groups ...
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Hellscape or Not, Twitter Will Be Something Different Under Musk
30Oct By adminNo Comments
Technology

Hellscape or Not, Twitter Will Be Something Different Under Musk

[ad_1] After five months of mudslinging between Elon Musk and Twitter Inc., in court and otherwise, the mercurial billionaire finally owns the social network. The chaos of the deal was only a preview of what's to come. Musk has already axed much of Twitter's leadership team, including its chief executive officer, and plans to be CEO himself in the immediate term, according to people familiar with the matter. Public shareholders are cashing out and passing ownership to a hodgepodge of investors that, besides Musk, include Oracle Corp.'s Larry Ellison and Qatar's sovereign wealth fund. The company will stop reporting its financials -- unless Musk wants to. He is expected to make severe job cuts, especially for roles outside of product and engineering. Above all, the Tesla Inc. chief...
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Elon Musk tweets ‘the bird is freed’ with $44 bn Twitter takeover complete
28Oct By adminNo Comments
Technology

Elon Musk tweets ‘the bird is freed’ with $44 bn Twitter takeover complete

[ad_1] Elon Musk tweeted "the bird is freed" late Thursday after taking control of Twitter. Elon Musk tweeted "the bird is freed" late Thursday after taking control of Twitter in a deal that puts him at the helm of one of the leading platforms for global discourse.Musk completed the $44 billion takeover on the eve of a court-appointed deadline to seal his on-again, off-again deal to purchase the social media network, whose logo is a bird. Musk sacked chief executive Parag Agrawal, as well as the company's chief financial officer and its head of safety, the Washington Post and CNBC reported citing unnamed sources. Agrawal went to court to hold the Tesla chief to the terms of a takeover deal he had tried to escape.The reports came hours before the court-appointed deadline for Musk to se...
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Vengeful Elon Musk hits back at those accused of misleading him, axes many top execs
28Oct By adminNo Comments
Technology

Vengeful Elon Musk hits back at those accused of misleading him, axes many top execs

[ad_1] Elon Musk became Twitter Inc's new owner on Thursday, firing top executives he had accused of misleading him. Elon Musk became Twitter Inc's new owner on Thursday, firing top executives he had accused of misleading him and providing little clarity over how he will achieve the lofty ambitions he has outlined for the influential social media platform. The CEO of electric car maker Tesla Inc has said he wants to "defeat" spam bots on Twitter, make the algorithms that determine how content is presented to its users publicly available, and prevent the platform from becoming an echo chamber for hate and division, even as he limits censorship. Yet Musk has not offered details on how he will achieve all this and who will run the company. He has said he plans to cut jobs, leaving T...
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Musk Gutting Twitter Would Be a Threat to Us All
21Oct By adminNo Comments
Technology

Musk Gutting Twitter Would Be a Threat to Us All

[ad_1] Slashing staff at the public town square belies the notion that its prospective new owner wants to make it better and healthier. With Elon Musk on the verge of taking over Twitter Inc. comes news that he plans to gut its workforce, with cuts of up to 75%. That should be a worry not only to the platform's staff and users, but for those who care about the flow of information crucial to well-functioning democracies.Musk, who is also the chief executive officer of carmaker Tesla Inc. and space transport company Space Exploration Technologies Corp., plans to whittle Twitter down from 7,500 staff to just over 2,000, The Washington Post reported Thursday, citing documents and people familiar with the plans. While the 51-year-old had tried to back out of deal, the transaction looks lik...
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