Elon Musk is set to lose 75 percent of Twitter’s remaining workforce after hundreds resigned and more ignored the CEO’s deadline to either stay or leave.
Musk sent an email to his remaining 3,700 workers on Wednesday and gave them a 5pm ET Thursday deadline to either click a link confirming their willingness to work ‘long hours at high intensity’, or leave the company with three months severance pay.
Fortune magazine reporter Kylie Robinson said her contacts within the firm believed around 75 percent of all workers remaining at the San Francisco-headquartered firm had ignored the email set to decide their future.
She later clarified that it’s unclear exactly how many have ignored the link.
According to the Verge, around 2,900 of the remaining 3,700 staffers have decided to stay. If accurate, that would mean a healthier proportion of the remaining workers will remain, although exact figures have not yet been released.
Employees leaving the social media giant sent their goodbyes on the company’s Slack platform, The New York Times reported.
The Twitter CEO, who has been active on social media, sent out a tweet at 7.50pm that read: ‘How do you make a small fortune in social media? Start out with a large one.’
He later added: ‘The best people are staying, so I’m not super worried.’
Meanwhile, social media users blasted Musk on Twitter with the #RIPTwitter and jokingly compared the company’s mass exodus to the sinking Titanic and a burning house.
Musk fired back with his own tweet with the Twitter bird logo on a gravestone.
Elon Musk is set to lose 75 percent of his remaining workforce after hundreds resigned following his 5pm ET deadline for employees to get ‘hardcore.’ Musk sent an email to staff on Wednesday telling them to either commit to ‘long hours at high intensity’ or quit with three months severance
It’s unclear how many employees have quit, but it was reported about 2,900 are saying after hundreds quit on Thursday. Meanwhile, social media users created memes to mock the mass exodus out of Twitter
Some users joked the company was sinking like the Titanic
One person called it the ‘end of an era’
The Twitter CEO even fired back with his own meme
Meanwhile, the mass exodus didn’t appear to bother the CEO billionaire
Musk softened his total ban on remote work in a follow-up email, after more workers than he anticipated opted to leave on Thursday afternoon, according to Bloomberg.
‘All that is required for approval is that your manager takes responsibility for ensuring that you are making an excellent contribution,’ he said in the follow up about working from home.
Musk previously said remote work would no longer be allowed and that employees would be expected in the office for at least 40 hours per week.
He had told employees that if ‘you do not show up at the office, resignation accepted,’ according to a transcript of a meeting reported by Verge.
Meanwhile, employees said that it would be difficult for the company to rebuild itself after losing key staffers.
‘It feels like all the people who made this place incredible are leaving,’ one employee said. ‘It will be extremely hard for Twitter to recover from here, no matter how hardcore the people who remain try to be.’
Before the end of Thursday’s workday, the social media company sent an email that said employee badge access into the office buildings would be disabled until Monday.
Sources said the temporary office shut down was due to concerns the company would be over run by employees, Zoë Schiffer, managing editor at Platformer said.
‘We’re hearing this is because Elon Musk and his team are terrified employees are going to sabotage the company,’ Schiffer wrote. ‘Also, they’re still trying to figure out which Twitter workers they need to cut access for.’
Meanwhile, employees posted their goodbyes on Twitter.
‘And just like that, after 12 years, I have left Twitter,’ Satanjeev Banergee wrote. ‘I have nothing but love for all my fellow tweeps, past and present. A thousand faces and a thousand scenes are flashing through my mind right now – I love you Twitter and I’ll forever bleed blue.’
Before the end of Thursday’s workday, the social media company sent an email that said employee badge access into the office buildings would be disabled until Monday
Musk didn’t appear to be worried about people leaving and said: ‘The best people are staying, so I’m not super worried’
Musk gave all Twitter staff (seen entering the offices in New York City earlier this month) until 5pm ET on Thursday to either click a link confirming their willingness to work ‘long hours at high intensity’, or leave the company
It comes just weeks after Musk laid off some 3,700 Twitter employees, or half the company’s workforce, amid sweeping changes seeking profitability for the social media platform.
Musk has criticized Twitter’s spending and work culture, and said that the company needs steep cost cuts and a reboot of its services.
In his email on Wednesday morning, asking employees to affirm his hardcore vision or leave, Musk shared a link to a Google Form with a single option to select: ‘Yes’.
He said anyone who did not fill out the form would be out of the company with three months severance, according to a copy of the memo reported by CNBC.
‘Going forward, to build a breakthrough Twitter 2.0 and succeed in an increasingly competitive world, we will need to be extremely hardcore,’ he wrote.
‘This will mean long hours at high intensity. Only exceptional performance will constitute a passing grade,’ Musk said.
Musk has criticized Twitter’s spending and work culture, and said that the company needs steep cost cuts and a reboot of its services
Musk said Twitter would be ‘much more engineering-driven’ under his leadership, adding that ‘those writing great code will constitute the majority of our team and have the greatest sway.’
‘Whatever decision you make, thank you for your efforts to make Twitter successful,’ he added.
The billionaire CEO of Tesla, who is the world’s richest person, has taken to cost cutting with a vengeance since his Twitter takeover.
Even after mass layoffs that forced it to attempt to offer some employees in critical divisions to return, some staff on Tuesday said they had been fired.
They said they suspected it was due to posting critical comments of the company or Musk on Twitter or its internal message platform.
Musk called himself a ‘free speech absolutist’ when he pursued the Twitter purchase.
One source told Reuters they received a termination email overnight that stated that ‘your recent behavior has violated company policy,’ adding that he believes that over 20 people were fired in the latest round.
Several others tweeted on Tuesday that they had received the same emails.
‘I would like to apologize for firing these geniuses,’ Musk tweeted on Tuesday. ‘Their immense talent will no doubt be of great use elsewhere.’
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