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Hundreds said to have opted to leave Twitter over Elon Musk ultimatum

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SAN FRANCISCO — Hundreds of Twitter workforce refused Thursday to signal a pledge to do the job lengthier hrs, threatening the site’s potential to continue to keep working and prompting hurried debates among professionals in excess of who must be requested to return, latest and previous staff explained.

The range of engineers tending to many essential techniques experienced been reduced to two, just one or even zero, in accordance to folks acquainted with the problem who spoke on the ailment of anonymity for fear of retaliation.

The disaster came in response to an ultimatum new proprietor Elon Musk issued Wednesday demanding that employees sign a pledge to operate harder by 5 p.m. Jap time Thursday or acknowledge a few months’ severance fork out.

In an early signal that the range of all those declining to indicator was better than expected, Musk eased off a return-to-office mandate he experienced issued a week ago, telling workforce Thursday they would be permitted to perform remotely if their managers assert they are producing “an great contribution.”

But it was as well late to hold Twitter from a precarious placement, several staff mentioned.

Musk conducts mass layoffs at Twitter

“I know of 6 crucial devices (like ‘serving tweets’ concentrations of vital) which no extended have any engineers,” a former employee claimed. “There is no for a longer time even a skeleton crew manning the technique. It will keep on to coast until finally it operates into one thing, and then

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Marion Kozub by — November 18, 2022 in Claw Inspector Gadget
Twitter, Facebook, Lyft layoffs spark fears of dotcom crash 2.0

A crypto-collapse, layoffs at Facebook and carnage at Twitter are rocking the tech industry. It’s stoking memories of the dot-com crash 20 years ago.

Updated November 12, 2022 at 5:59 p.m. EST|Published November 12, 2022 at 6:00 a.m. EST

LAYOFFVIZ
LAYOFFVIZ (Laura Padilla Castellanos/The Washington Post)

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Over the past week, Silicon Valley companies have laid off 20,000 employees, a swift ramp-up of the job cuts and hiring freezes that have been ricocheting through the tech industry for months.

Twitter, Facebook parent Meta, payment platform Stripe, software service firm Salesforce, ride-hailing company Lyft and a growing list of smaller companies all laid off double-digit percentages of their workers. That means tens of thousands of engineers, salespeople and support staff in one of the country’s most important and highest-paying industries are out of a job. Meanwhile, other companies including Google and Amazon have recently instated hiring slowdowns and freezes.

The departures are solidifying a feeling in Silicon Valley that the bull market of the past decade — which created massive amounts of wealth for tech investors, workers and the broader economy — is decidedly over, conjuring an image of what the rest of the economy could experience if a predicted recession materializes.

“It does feel a little like 2000,” said Lise Buyer, a longtime tech analyst, executive and investor, referring to the turn-of-the-century dot-com crash. “Hire engineers, hire engineers, hire engineers, and then suddenly companies get a cold bucket of water in their face.”

Corporations on

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Marion Kozub by — November 13, 2022 in Claw Inspector Gadget
Difficult times ahead for Twitter, survival at stake as key staff quits, says Musk- Technology News, Firstpost

The Related PressNov 11, 2022 18:15:46 IST

Elon Musk believes with important employees leaving the system owing to the large modifications that are remaining designed to the corporate tradition at Twitter, the potential of Twitter might be at stake, so much so that they may perhaps have to file for bankruptcy inside of a yr.

Difficult times ahead for Twitter, survival at stake as key staff quits, says Musk (1)

Elon Musk warned Twitter staff members Thursday to brace for “difficult instances ahead” that may conclusion with the collapse of the social media platform if they simply cannot discover new techniques of building income.

Workers who survived very last week’s mass layoffs are dealing with harsher operate situations and increasing uncertainty about their capacity to continue to keep Twitter managing safely and securely as it proceeds to get rid of high-level leaders responsible for facts privateness, cybersecurity and complying with restrictions.

That features Yoel Roth, Twitter’s head of have confidence in and safety — a earlier minor-known govt who turned the community experience of Twitter’s content material moderation just after Musk took in excess of and who experienced been praised by Musk for defending Twitter’s ongoing endeavours to combat hazardous misinformation and hate speech. An executive confirmed Roth’s resignation to coworkers on an internal messaging board observed by The Involved Press.

The developments have been element of one more whirlwind day in Musk’s acquisition of the social media system. It started with an e mail to workers from Musk on Wednesday night time ordering workers to halt performing from house and display up in

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Marion Kozub by — November 12, 2022 in Eos Cryptocurrency
Twitter advertisers say they’re worried about Elon Musk’s tweets and actions

Elon Musk held a giant conference call for advertisers and more than 100,000 other people Wednesday. He sounded thoughtful about his plans for Twitter, unsure about how it was all going to work out, but solicitous of feedback. “I only got the keys to the building last Friday,” he said, adding later: “I’m open to ideas.”

The problem for Musk is the advertisers he has spooked since buying Twitter for $44 billion are unlikely to be swayed by any of this. They tell me they don’t mind what Musk says in outreach calls like this. They’re concerned about what he does and what he tweets.

Those concerns are going to mount. A day after Musk hosted his call for advertisers, the two executives that accompanied him on that call and on a similar call a week earlier — Robin Wheeler, his head of ad sales, and Yoel Roth, his head of trust and safety — resigned, per multiple reports. Musk has also told employees that the company may be headed for bankruptcy if it can’t cut costs and increase revenue.

This is a new problem for Musk, who became the world’s richest man by selling electric cars and building rocket ships, and not by caring about what other people think about him. Or, at least, not caring what controversy-hating advertisers think about him.

But now he very much has to. At the moment, advertisers are Twitter’s entire revenue stream, and they aren’t happy with Musk. If he can’t turn

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Marion Kozub by — November 11, 2022 in Gadget Guys
Elon Musk recommends voting Republican, bans impersonators from Twitter

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New Twitter owner Elon Musk tweeted Monday encouraging “independent-minded voters” to vote Republican, marking a major departure for leaders of social media companies, who typically steer clear of partisan political advocacy.

“Shared power curbs the worst excesses of both parties, therefore I recommend voting for a Republican Congress, given that the Presidency is Democratic,” he tweeted.

The remark capped a chaotic weekend in which Musk abruptly changed course on several major issues for the company, which he acquired for $44 billion a little over a week ago. After laying off about half of the workforce on Friday, Twitter began scrambling to rehire some who were let go. It postponed the planned launch of its new paid verification product until after the midterm elections.

And it suspended popular accounts for impersonating Musk, under a new policy that the company’s new CEO announced Sunday.

Musk’s endorsement of GOP candidates to his 115 million Twitter followers, a day before midterm elections, is likely to intensify the partisan divide over his takeover of the platform. Lawmakers in the past have grilled executives of social media companies including Twitter, Facebook, Instagram and YouTube as to whether their decisions could have influenced election outcomes, even as those executives have studiously avoided signaling their preferences for a given party

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Marion Kozub by — November 8, 2022 in Claw Inspector Gadget