In this photo illustration, Elon Musk’s image is displayed on a computer screen and the Twitter logo on a mobile phone in Ankara, Turkey on October 6, 2022.
Muhammed Selim Korkutatta | Anatolian Agency | Getty Images
Elon Musk asked Twitter employees to commit to a “hardcore” culture where they are expected to work “long hours at high intensity” or resign. They have until 5:00 PM ET on Thursday to make their decision.
The company shared an “frequently asked questions” document with employees overnight, telling them: “If you don’t click yes, you are confirming your decision to resign.” You will receive documents confirming this and the offer of severance in exchange for a separation agreement.”
The document answers questions raised after Musk sent a company-wide email Wednesday to remaining employees demanding they agree to work “long, high-intensity hours” or receive “three months of severance.” He’s asking employees to agree to support his vision for “Twitter 2.0.”
Musk closed on the $44 billion purchase of Twitter in late October and quickly moved to cut about half of the company’s workforce, amounting to roughly 3,700 jobs.
The latest document says those who do not say yes to Musk’s ultimatum “will not be entitled to statutory severance or other termination payments unless otherwise required by local law.”
The California Department of Industrial Relations declined to comment on whether these terms comply with applicable local laws. Twitter is headquartered in San Francisco, but the company’s workforce is distributed.
Read below for a full copy of the FAQ.
https://www.cnbc.com/2022/11/17/elon-musk-sends-ultimatum-to-twitter-employees-read-the-faqs.html
