Here is everything that's happening inside of Elon Musk's Twitter from layoffs a...
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Here is everything that's happening inside of Elon Musk's Twitter from layoffs and work conditions to wary advertisers
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Here is everything that's happening inside of Elon Musk's Twitter from layoffs and work conditions to wary advertisers
Elon Musk is shaking up Twitter. Here's everything you need to know.
From the blunt email to Twitter employees about layoffs to angry advertisers, a lot is happening.
Insider has exclusive insights from employees, advertisers and others about working with Musk.
Elon Musk has stormed through Twitter like a hurricane after taking possession of the company on October 27.
Since then, the happenings inside and surrounding the company have been fast and furious.
Here's everything you need to know.
Mass Twitter layoffs began in earnest on Friday, Nov. 4
Top execs including CEO Parag Agrawal, CFO Ned Segal, and top lawyer Vijaya Gadde were jettisoned by Musk on the Thursday evening he assumed control.
They were collectively due $88 million in golden-parachute payoffs from their publicly-disclosed employment contracts. However, two news outlets reported that Musk dismissed them "for cause" in an attempt to avoid owing severance payouts and unvested stock awards and that the execs are now evaluating their recourse options.
Other executives were also either quietly dismissed or publicly announced their exits. This included Twitter's general manager of core technology being cut while out on leave after the death of his wife.
By Friday morning, Nov. 4, news of layoffs spread fast after Twitter employees discovered they were locked out of their laptops, including one employee who is 8-months pregnant.
It didn't take long for at least one lawsuit from employees to be filed, and then for some employees to say the company is now trying to make them come back to their jobs.
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