The meeting comes after Musk, Tesla’s chief executive officer who signed a $ 44 billion deal to buy the social media company, repeatedly criticized Twitter’s content control practices and a senior executive responsible for setting reason and security policies. At the City Hall internal meeting, executives said the company would monitor staff reductions daily, but it was too early to say how the takeover deal with Musk would affect staff retention. Musk has asked lenders to cut the salaries of boards and executives, but the exact cost cuts remain unclear, according to sources familiar with the matter. A source said Musk would not make job cuts until he took ownership of Twitter. “I am tired of hearing about the value of the shareholders and the fiduciary obligation. “What are your honest thoughts about the very high probability that many employees will not have a job after the deal is closed?” A Twitter employee asked Agrawal, a question that was read aloud during the meeting. Agrawal replied that Twitter has always cared about its employees and will continue to do so. “I believe that the future Twitter organization will continue to be interested in its impact on the world and its customers,” he said. Executives said during the meeting that the layoff had not changed compared to levels before the news of Musk’s interest in buying the company. In recent days, Musk has criticized Twitter’s top lawyer, Vijaya Gadde, a Twitter veteran widely respected throughout Silicon Valley and internally known as Twitter’s “ethical principle.” On Monday, Gadde reportedly cried during a virtual meeting with the company’s legal and political groups, expressing concern about the company’s progress. Responding to YouTuber Saajar Enjeti tweet about the “top censorship advocate” of the company that once censored the New York Post for a story about the contents of Hunter Biden’s laptop, Musk wrote on Twitter: “Twitter account suspended a big news organization to publish a true story was obviously incredibly inappropriate. “ Musk’s attack sparked a barrage of cyberbullying targeting Gad. Users targeted Gadde, writing on Twitter: “Just quit you scrum” and “WHITE POWER! WHITE PRIDE!” Earlier this week, Musk also pushed for end-to-end encryption on the social networking platform, raising concerns among users and lawmakers who fear such protections could make it easier for extremists and criminals to operate online. “Twitter DMs should have end-to-end encryption like Signal so that no one can spy on or hack your messages,” he wrote on Twitter on Wednesday. Employees told executives they feared Musk’s erratic behavior could destabilize the Twitter business and hurt it financially as the company prepares to address the advertising world at a presentation next week in New York. “Do we have a short-term strategy for how to handle investor advertising?” asked an employee. Sarah Personette, Twitter’s customer manager, said the company works to communicate frequently with advertisers and reassure them that “the way we serve our customers does not change.” After the meeting, a Twitter employee told Reuters he had little confidence in what executives had to say. “Public speaking does not land. “We were told not to leak and do a job you are proud of, but there is no clear incentive for employees to do so,” he told Reuters, noting that compensation for non-executives has now been reduced due to agreement. Agrawal was expected to receive about $ 42 million if he was fired within 12 months of the change in control of the social media company, according to research firm Equilar. During the meeting, Agrawal urged staff to expect a change in the future under the new leadership and acknowledged that the company could perform better over the years. “Yes, we could have done things differently and better. I could have done things differently. “I think about it a lot,” he said. On Friday, co-founder and former Twitter CEO Jack Dorsey used the platform to write: “I tried to take a break from Twitter recently, but I have to say: the company has always tried to do its best, given the information he had. Every decision we made was ultimately my responsibility *. In cases where we made a mistake or went too far, we admitted it and worked to correct it. “ He added: “A transparent system, both in politics and in operations, is the right way to gain trust. Whether it belongs to a company or an open protocol, it does not matter as much that you deliberately decide to be open to every decision and why it was made. It’s not easy to do, but it must happen. “ Dorsey also wrote that he did not believe the permanent bans were appropriate, with the exception of those relating to criminal activity. “That’s why we need a protocol that is resilient to the above levels,” he explained. Twitter declined to comment further.
