“Sorry this is my first email to the entire company, but there’s no way to make it stand out,” Musk wrote in his first message to employees on Twitter.
Elon Musk has emailed Twitter employees, most of whom work remotely, asking them to return to the office immediately for at least 40 hours a week and warning of “tough times ahead.”
A pair of jobs Wednesday night seen by the Associated Press marks Musk’s first company-wide message to employees who survived last week’s mass layoffs. Many people have had to rely on the billionaire Tesla CEO’s public tweets for clues about the future of Twitter.
“Sorry this is my first email to the entire company, but there is no way to make the message stand out,” Musk wrote, before he described a dire economic environment for businesses. Like Twitter, it relies almost entirely on advertising to make money.
“Without substantial subscription revenue, it’s very unlikely that Twitter will survive the coming recession,” Musk said. “We need about half of our revenue to be subscriptions.”
Musk’s memo follows a live-streamed conversation trying to reassure major advertisers on Wednesday, his most extensive comments on the direction of Twitter since he closed the valuable deal. $44 billion to buy the social networking platform late last month and fire its top executives. Several well-known brands have paused Twitter ads as they wait to see Musk’s proposals to relax content rules against hate and misinformation affecting the platform’s term. how.
Musk told employees his “priority for the last 10 days” was to develop and launch a new Twitter subscription service for $7.99 a month that includes a blue checkmark next to the names of paying members. fee – this mark was previously only available for verified accounts.
Last week, an executive said Twitter is cutting about 50% of its workforce, which numbered 7,500 at the start of the year.
Musk has previously expressed distaste for Twitter’s pandemic-era telework policies that allow team leaders to decide if employees have to show up in the office. On Wednesday, he ordered all employees to return to the office by Thursday.
Musk told employees in an email that “teleworking is no longer allowed” and that the road ahead is “tough and requires intense work to be successful.” He said he would personally review any request for an exception.
Twitter does not disclose the total number of layoffs in its global workforce but told local and state officials in the US it is cutting 784 workers at its San Francisco headquarters, about 200. in California and more than 400 in New York City, more than 200 in Seattle, and about 80 in Atlanta.
The Twitter exodus is ongoing, including the company’s chief information security officer Lea Kissner, who tweeted on Thursday “I made the difficult decision to leave Twitter.”
Cybersecurity expert Alex Stamos, Facebook’s former chief of security, tweeted on Thursday that there is a “risk of a serious breach with significant staff cuts” that could also expose Twitter to an injunction. 2011 from the Federal Trade Commission requiring it to seriously address data privacy lapses.
“Twitter has made great strides towards a more streamlined internal security model, and a slide back will put them in trouble with the FTC” and other regulators in the US and Europe, Stamos said. .
The FTC said in a statement Thursday that it is “monitoring recent developments at Twitter with keen concern.”
The agency statement said: “No CEO or company is above the law, and companies are subject to our consent decrees.
The FTC would not say whether it is investigating Twitter for potential violations. If it does, it has the power to request documents and bring down employees.
Twitter paid a $150 million fine in May for violating a 2011 consent order, and its updated version established new processes that require the company to implement an enhanced privacy protection program as well. such as enhancing information security.
AP Technology writer Frank Bajak contributed to this report.
https://www.king5.com/article/news/nation-world/elon-musk-ends-twitter-remote-work-warns-of-troubles-ahead/507-4dc2aca7-2d17-4f1c-b214-37b60fc80adc Elon Musk scraps Twitter remote work policy