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Big Tech CEOs are asking employees to step up — or step aside

 1 year ago
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Big Tech CEOs are asking employees to step up — or step aside

Jordan Parker Erb
Mon, December 5, 2022, 8:00 PM·4 min read

Welcome to another week, readers. Writing to you from New York, I'm your host, Jordan Parker Erb.

Over the past few weeks, we've watched as Elon Musk has shifted Twitter's culture. One of the biggest transitions was his decision that employees will be fired unless they work at an "extremely hardcore" rate to build "Twitter 2.0."

But Musk isn't the only one upping the expectations for workers. Across the industry, tech CEOs are asking their employees to step up — or step aside.

Let's get started.

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Elon Musk looks down during a 2022 SpaceX speech
Elon Musk looks down during a 2022 SpaceX speech


Elon Musk looks down during a speech.Jim Watson/AFP via Getty Images

1. It's not just Elon Musk: Major tech CEOs are asking employees to step up or risk getting fired. After taking over at Twitter, Musk notoriously asked staffers to work "long hours at high intensity" or quit. But other tech CEOs from firms like Meta and Amazon have also been turning up the heat on employees.

  • At Facebook, for example, CEO Mark Zuckerberg reportedly told staff in early July that he would be "raising expectations and having more aggressive goals."

  • Alphabet, too, has outlined plans to "make the company 20% more productive" when CEO Sundar Pichai sounded the alarm that employee productivity needed to improve.

  • Already famously frugal, Amazon urged the company during an all-hands meeting in early October to "double down on frugality" and told employees to "accomplish more with less," according to leaked slides from the meeting.

  • Though their language was more diplomatic than Elon's, the message was still similar: Employees will be expected to step up or find somewhere else to work.

Here's what more tech CEOs are expecting.

In other news:

Sam Bankman-Fried against a blue background including The U.S. Capitol and falling Bitcoins
Sam Bankman-Fried against a blue background including The U.S. Capitol and falling Bitcoins


The Washington Post/Getty, Murat Taner/Getty, Tyler Le/Insider

2. How did crypto billionaire Sam Bankman-Fried conquer Washington? More than a dozen Washington insiders, FTX employees, and crypto industry observers said that by using lavish parties and huge campaign contributions, SBF was able to turn the government's watchdogs into lapdogs. Take an inside look at how he pulled it off.

Sadie Sink in &quotStranger Things&quot season four part one.

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