Twitter staff are told in emergency meeting that their jobs are only safe for six months until Musk completes his $44bn takeover as they demand to know if they will be forced to return to office
- Some Twitter staff have reacted with horror to Elon Musk’s takeover of the company, according to internal chats shared online
- The company has frozen planned changes to the service until Friday, amid what Bloomberg speculated was concern that a rogue employee could ‘push something or mess with the product on the way out the door’
- In message rooms staff vented about their trepidation over working for the mercurial South African
- Others in a staff meeting held at 5pm ET worried whether they would still be able to work from home, and asked about their share options
- CEO Parag Agrawal told staff that their jobs were safe for the moment, saying there would be no layoffs until Musk took over in six months
- He would not be drawn on whether Donald Trump would be allowed back to the platform: Trump said on Monday he has no wish to, and Agrawal said it was a decision for the Musk
- Agrawal said he was ‘proud of our teams and inspired by the work that has never been more important’
- Chair Bret Taylor said the board ‘conducted thoughtful and comprehensive process to assess Elon’s proposal’
- The founder of Tesla and SpaceX, 50, agreed to pay shareholders $54.20 in cash for each share
- The move shifts control of the social media platform populated by millions of users to the world’s richest man
- The Tesla magnate vowed to protect free speech online, ‘defeat the spam bots’ and ‘authenticate all humans’
- He said he would ‘enhance the product with new features’ and ‘make algorithms open source to increase trust’
In internal message rooms there was uproar, The New York Times reported.
