In this photograph illustration, the picture of Elon Musk is displayed on a pc display screen and the emblem of twitter on a cell phone in Ankara, Turkiye on October 06, 2022.
Muhammed Selim Korkutata | Anadolu Agency | Getty Images
Elon Musk requested Twitter staff to decide to a “hardcore” tradition, the place they’re anticipated to work “long hours at high intensity,” or resign. They have till 5:00 p.m. Eastern time on Thursday to make their resolution.
The firm shared a “frequently asked questions” doc in a single day with staff, telling them “If you do not click ‘yes’ you are confirming your decision to resign. You will receive documents to confirm this and the offer of severance in exchange for a separation agreement.”
The doc reply questions raised after Musk despatched a companywide e-mail on Wednesday to remaining staff, demanding they comply with working “long hours at high intensity” or obtain “three months of severance.” He’s asking staffers conform to help his imaginative and prescient for “Twitter 2.0.”
Musk closed the $44 billion buy of Twitter on the finish of October and swiftly moved to chop about half of the corporate’s workforce, amounting to roughly 3,700 jobs.
The newest doc says that those that don’t say “yes” to the Musk ultimatum will, “not be entitled to statutory redundancy or other termination payments, unless otherwise required by local law.”
California’s Department of Industrial Relations declined to touch upon whether or not these phrases met relevant native legal guidelines. Twitter’s headquarters is positioned in San Francisco, however the firm’s workforce is distributed.
Read under for a full copy of the FAQ.
Source: www.cnbc.com”