Twitter employees are reportedly leaving the company in large numbers . This is because the lengthy legal battle with Elon Musk has increased hostility towards upper echelons.
Twitter is grappling with higher-than-normal employee turnover as its board tries to get Musk to complete his $44 billion acquisition of the company with a court order. I made it. The lawsuit brought heavy public scrutiny to Twitter ahead of its trial in October.
"So many people have left that we don't need to fire any more," former employees said. told his Insider.
He is currently one of her Twitter employees. employees say they have lost respect for senior management. CEO Parag Agrawal spoke about the company's response to the Musk acquisition, according to the outlet. Dozens of workers are said to have left the company in the past few weeks alone.
"The general consensus among the majority of us is that they are doing a bad job," said his recently retired Twitter employee. one of his employees told the outlet.
The departing employee said the phrase "fiduciary duty" was a term he used frequently by Twitter executives when describing how he handled Musk's takeover bid, and that internal He added that it was a joke at the time.
A public altercation with Mr. Musk, combined with cost-cutting measures such as the ousting of some senior executives and a hiring freeze, has soured the mood in the workplace.
"General morale is very low," said another worker who recently left Twitter. "But certainly people have started to turn away because of Elon."
Internal grievances have spread to social media his platform outside of Twitter.
It's the last day of Twitter!" ) as measured by the tweet is ridiculously high?" one Twitter employee tweeted this week. Wait?? It's sad to see so many people leaving!"
A Twitter spokesperson downplayed the report.
"Our decline is slightly higher than best practice during normal macroeconomic times, but is consistent with current industry trends," the spokesperson said. increase.
Some feel that the number of employees leaving Twitter (measured by tweeting "It's my last day on Twitter") is ridiculously high Wait? ? Sad to see so many people go!
— Christian Lam (@KLdivergence) Aug 15, 2022
Insider, based on conversations with "half a dozen" current Reports and former employees point out that Twitter has begun reclassifying retirees based on whether the stalled deal with Musk contributed to their departure.
Musk-related sales figures are just one challenge for Twitter, which is also facing market pressures that have weighed on other tech companies in recent months. . Earlier this year,Twitter canceled some of its job postings for new hires,while cutting costs in response to the difficult situation.
Preliminary proceedings are already underway in the Chancery Court of Delaware prior to trial this fall. Twitter wants his Musk to buy the company for his original $44 billion price tag, but the billionaire claims the company withheld key information about the number of spambots within its user base.
