Elon Musk, the billionaire behind Tesla and SpaceX, recently bought Twitter for $44 billion. What followed has been a chaotic period for the social media platform and its advertisers.
One current Twitter employee who spoke to"Sunday Morning" asked that we not identify him, for fear of reprisal from Musk and his online fans.
"He said that he wanted to experiment with long-form content, content longer than just a tweet," he said."That was already launched and was available on the platform. And he fired the team that had developed it and launched it.""I'm still technically an employee, but I'm on a suspended status until January 4th, when they will put us on severance, if we sign a severance agreement.
Like many, this un-named, soon-to-be ex-employee believes Musk is trying to reduce what he owes former Twitter staff, in terms of severance and stock options."And to be clear, Elon Musk bought the company. He can make any business decision he wants to make," he said."It's the nature in which we were let go and potentially even ways that broke employment law.
Stamos said of Musk,"He's actually a really bad manager, and that's kind of shocking to me, how bad he is at the human management side of this. The odds of them being able to execute well over this next year, I think, are very long, unless he decides to bring in a CEO to calm things down. And it's clear that's what he's going to have to do at Twitter if they're going to try to stabilize and stop the bleeding of all of this talent that they need to be able to execute.
"Oh, it depends on what day," she replied."I sometimes think of Silicon Valley as a lot of smart people working on stupid things, and Elon was working on smart things."
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Twitter, Tesla, Neuralink, SpaceX: The Week That Ran on Elon Musk TimeThe busy entrepreneur’s propensity for ambitious, fuzzy deadlines—familiar to followers of his companies—is now on display at the social-media platform.
Read more »
Elon Musk Reaffirms Support for Dogecoin, DOGE Price RalliesTesla CEO Elon Musk says that Twitter wants to make it easier to transact with cryptocurrencies
Read more »
Hate speech dramatically surges on Twitter following Elon Musk takeover, new research shows | CNN BusinessTwo watchdog groups have published research that indicates Elon Musk’s claim that hate speech dramatically decreased on Twitter since he took over simply does not hold water
Read more »
Elon Musk speaks out on 'Twitter Files' release detailing platform's inner workings | CNN BusinessTwitter owner Elon Musk spoke out on Saturday evening about the so-called 'Twitter Files,' a long tweet thread posted by journalist Matt Taibbi, who had been provided with details about behind-the-scenes discussions on Twitter's content moderation decision-making, including the call to suppress a 2020 New York Post story about Hunter Biden and his laptop.
Read more »
Elon Musk explains why Ye was suspended from TwitterElon Musk said during a Twitter Spaces that it was his decision to suspend Ye from Twitter after the rapper posted an image of a swastika inside a Star of David. 'At a certain point, you have to say what is incitement to violence.'
Read more »
Elon Musk says Apple has ‘fully resumed’ advertising on Twitter | EngadgetDuring a Twitter Spaces conversation on Saturday, Elon Musk told listeners Apple had 'fully resumed' advertising on Twitter..
Read more »