August 8, 2022

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Five takeaways from Elon Musk’s Twitter Q&A

Five takeaways from Elon Musk’s Twitter Q&A

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Elon Musk might not have concluded his $44bn Twitter takeover still, but that did not quit the world’s richest guy from becoming a member of an all-hands get in touch with with his prospective new workers.

The Tesla billionaire was 10 minutes late for his Q&A chat with staff members at the San Francisco-based social media platform and utilized a shaky relationship from his mobile phone for the phone.

That did not halt the world’s richest human being from answering, and in some conditions sidestepping, challenges that are concerning Twitter team.

Mr Musk had his bid for the organization acknowledged by the board in April, but has since then publicly instructed he could again out in excess of the corporation not thoroughly disclosing to his satisfaction the number of bots and bogus accounts on the system.

The phone did very little to persuade employees that Mr Musk’s proposed takeover will be very good for them, according to CNBC.

“Employees expressed that quite a few of their worries about layoffs, distant get the job done, a lowered focus on material moderation and inclusion and variety actions had been verified,” the business enterprise news community mentioned.

“Employees also sent memes about how to brand by themselves as remarkable, in accordance to the resource, an evident reference to Musk’s note that excellent staff members could possible carry on to work remotely and would not have to dread layoffs.”

So what did they learn about Mr Musk’s options for the corporation?

One particular billion people

The entrepreneur explained to the get in touch with that achievement for the firm would be an maximize in its everyday users from 229m in Q1 of 2022 to one particular billion.

He explained the organization need to model by itself on Chinese social media and payment app WeChat, which has much more than 1.2bn end users.

Critics of WeChat said it has been utilised by the Chinese governing administration to prolong its surveillance and censorship all-around the planet, taking in huge quantities of data from its international users.

Enjoys Twiter but does not will need to be CEO

Mr Musk was asked by an employee why he has made a decision to invest in the platform. “I appreciate Twitter. I master a good deal from what I discover on Twitter,” he mentioned.

“Some persons use their hair to specific by themselves, I use Twitter,” he extra.

But he insisted he does not will need to be the main govt of the enterprise in buy to assistance it make improvements to and to introduce new products.

Twitter layoffs

Whilst he has not still taken management of Twitter, he hinted that job cuts may possibly be coming to the corporation.

“Right now, prices exceed profits. Which is not a terrific scenario,” he claimed. “The corporation does require to get healthful.”

But he insisted that gifted customers of personnel would be secure, saying, “Anyone who is a signification contributor has nothing to be concerned about.”

Do the job from dwelling

Mr Musk has long gone on the report with his disdain at Tesla employees doing the job from house and has advised his workers there that they have to do the job 40 hrs a 7 days at the office or leave.

“Tesla makes vehicles, and you can’t make automobiles remotely,” he claimed.

He was seemingly softer on the problem for Twitter when requested about it on the get in touch with. When he did say that it was “much far better if you are on spot physically”, he admitted there ended up exceptions to the rule.

“If an individual can only work remotely and they’re excellent, it would not make feeling to fireplace them.”

SpaceX and aliens

The Texas-dependent SpaceX manager told Twitter personnel on the connect with that the goal of the area start corporation, which he aims to take to Mars, was “to make life multi-planetary and thus make improvements to the trouble lifespan of consciousness.”

He did admit that he has “seen no real evidence for aliens”.

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