A few days after laying off 3,700 workers Elon Musk reversed Twitter’s work-from-home policy and forced employees to return to the office. The new owner of the social networking site warned employees in an email obtained by the Guardian that the company is “arduous and would demand hard labor to thrive.”
Additionally, the CEO of Tesla stated that remote work would be prohibited unless exceptional circumstances applied which would be personally reviewed by Musk.
There will be zero tolerance for working from home without an approved exception. Musk stated, “The managers will email me the exception lists to evaluate and approve.”
“The new policy which was originally reported by Bloomberg will go into effect this Thursday and last for at least 40 hours every week”, he said.
This announcement comes at a time when the corporation is still laying off employees. After purchasing the company for $44bn (£38.7bn) the week prior, Musk fired about half of the 7,500 employees on Friday and on Thursday, Twitter’s chief information security officer, Lea Kissner, confirmed her resignation.
According to Elon Musk, Twitter’s “huge loss in revenue” was the result of a delay in spending by advertisers. Almost all of Twitter’s over $5 billion in annual revenue comes from advertisements.
The launch of Twitter Blue, a paid premium service, has commenced in the United Kingdom. If you pay £6.99 per month, you’ll get a blue checkmark next to your username and access to upcoming features like bookmark folders and custom icon colors. Musk thinks that Twitter Blue will help the firm become less reliant on advertisements.
To be more precise, accounts doing parody impersonations. Basically, tricking people is not ok.
— Elon Musk (@elonmusk) November 11, 2022
Last week, the CEO assured investors that Blue’s international pricing would be adjusted “proportionate to purchasing power parity,” an economic measure of exchange rates that accounts for differences in the cost of living across countries. However, it appears that Musk has conceded this point to Apple. Twitter was forced to match the $7.99 price in the US and £6.99 price in the UK because of the in-app purchases provided by Apple. You can also read about the funniest tweet from Elon Musk.
On Wednesday, Spaces Musk tried to Reassure Advertisers in a Twitter Audio Chat
While waiting to see if Musk’s prior claims that he is a “free speech absolutist” will lead to an increase in hate speech and divisive content on the site, major corporations including GM, United Airlines, the cereal company General Mills and others have postponed buying ads on Twitter.
Many major companies including Deutsche Bank Chevron Nissan, Air Canada and Audi (which has temporarily suspended its Twitter marketing), were represented on the conference call this past Wednesday. The American outdoor gear retailer REI was also on the call and the company told the Associated Press thereafter that it was still pausing its advertisements.
Musk stated on the call that it would take “a few months” to establish a moderation council that would address objectionable content and assesses account reinstatements. This he emphasized would be “not a command council” that gave orders but rather one that offered advice.
Concerns have been raised regarding the company’s capacity to maintain platform security and meet government standards in light of the massive layoffs. This week three of the corporation’s senior security officials—Kissner the chief privacy officer Damien Kieran and the chief compliance officer Marianne Fogarty—left the company, adding to those concerns. You can also read about Elon Musk Jokes about to release perfume to pay for Twitter.
According to a report published by The Verge on Thursday, in their absence, staff are being asked to “self-certify” that the site is working in conformity with privacy rules. If these laws are broken, it might cost billions of dollars.
I love when people complain about Twitter … on Twitter 🤣🤣
— Elon Musk (@elonmusk) November 10, 2022
As part of the settlement Twitter struck with the FTC in May on privacy issues, the company is now obligated to conduct privacy reviews prior to making any changes to its products. An internal lawyer reportedly advised employees to seek whistleblower protection “if you feel uncomfortable with whatever you’re being asked to do” after a report revealed that Musk had already “bypassed its usual data governance standards” relating to alterations.
Here we talked about how Elon Musk is abolishing twitter’s work-from-home?
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