Monday, November 28, 2022

Mass resignation hits Twitter as Elon Musk continues sweeping changes 

The new resignations come after Mr Musk on Wednesday gave his staff until Thursday to decide whether they wanted to work for him or leave their roles.

• November 19, 2022
Elon Musk and staffs

No fewer than 1,200 Twitter staff resigned on Thursday, ahead of new CEO Elon Musk’s ultimatum as he continues sweeping changes since his takeover of the popular microblogging platform.

The new resignations come after Mr Musk on Wednesday gave his staff until Thursday to decide whether they wanted to work for him or leave their roles, per a New York Times article.

In an email titled ‘A Fork in the Road’ Wednesday morning, Mr Musk gave Twitter staff the option to either up their efforts or leave.

The 51-year-old emphasised in the mail that Twitter faced a challenging road ahead and provided employees with three months of severance pay if they chose not to stay on to “create a breakthrough Twitter 2.0.”

After a wave of layoffs this month, Twitter’s full-time employees which stood at 7,500 at the end of October have been reduced to about 3,700.

The massive resignation could compound operations challenges for the company which is already feeling the hit for the layoff of over half of its staff strength by Mr Musk in October.

Mr Musk however launched a barrage of emails to Twitter staff on Friday morning, pleading for help from the remaining Twitter staff.

“Anyone who actually writes software, please report to the 10th floor at 2 p.m. today,” he wrote.

Following Mr. Musk’s $44 billion purchase of Twitter last month, the company is on the verge of collapse. The billionaire has worked tirelessly to impose his vision on the social networking platform, laying off 50 per cent of its staff, sacking critics, exploring new subscription services, and sending a stern warning that the business must change or risk bankruptcy.

We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.

More from Peoples Gazette

INEC chairman Mahmood Yakubu

NationWide

Attacks on our facilities won’t stop 2023 elections: INEC

INEC said it would replace election materials that were lost in the attacks ahead of 2023.

Bruno Fernandez celebrates goal against Uruguay

Sport

Qatar 2022: Manchester United duo send Portugal, Brazil to World Cup round of 16

Manchester United duo of Bruno Fernandes and Casemiro netted the winners in both important fixtures.

Nasiru Idris

Politics

2023: I’ll establish ministry to tackle political thuggery, APC guber candidate says

Nasiru Idris said the ministry would also be mandated to fish out drug addicts across Kebbi.

Elon Musk

Hot news Home top

Apple wants to remove Twitter from its store: Elon Musk

Mr Musk also claims that Apple has suspended majority of its advertisements on Twitter.

Sport

National Sports Festival: 14,000 athletes to compete for medals in Asaba

The 36 states and the FCT will be competing in over 30 different sports in the festival.

Nigeria Exchange (NGX)

Economy

NGX: Investors lose N64 billion in bearish trading

The downturn was due to sell-offs in tier-one banks and industrial stocks such as Zenith Bank, Stanbic Bank and BUA Cement.