Elon Musk is said to be speaking to Twitter employees for the first time since the company’s acquisition bid
Employees at Twitter have expressed concern about Elon Musk’s erratic behaviour as a result of his takeover effort.
Elon Musk will address Twitter Inc employees at a company-wide meeting this week for the first time since launching his $44 billion (approximately Rs. 3,43,500 crore) bid in April, according to a source who cited an email from Twitter Chief Executive Parag Agrawal to employees.
According to the source, the meeting will take place on Thursday, and Musk will receive questions directly from Twitter staff.
The news was initially reported by Business Insider, and comes after Twitter announced last week that a shareholder vote on the sale would take place in early August.
Musk will attend the company’s all-hands conference this week, according to a Twitter representative.
Many Twitter employees have been concerned since Musk’s takeover proposal that the billionaire’s erratic behaviour could undermine the social media company’s business and cause financial harm.
During a company-wide meeting in April, Agrawal was observed calming employee rage as employees demanded answers on how managers planned to handle a mass exodus caused by Musk.
Last week, Musk told Twitter that if it failed to supply him with data on spam and bogus accounts, he would back out of his plan to buy the firm.
Last week, Musk garnered assistance from one state attorney general with an outsized personality and edge-skating posture marching into the maelstrom of Musk’s tumultuous bid for Twitter, valued at $44 billion (approximately Rs. 3,43,500 crore). He declared that he will initiate a probe into Twitter for “possible false reporting” of bots on its network, citing Musk’s threats to walk away from the contract last week.
Last week, Texas Attorney General Ken Paxton began his inquiry into Twitter, just hours after Elon Musk, the billionaire Tesla and SpaceX CEO, accused Twitter of withholding information about its spam bot and phoney accounts.
Paxton’s unorthodox approach was viewed as strange and possibly inappropriate by many, despite the fact that he most likely has the legal power to pursue it. Paxton stated that Twitter may have broken Texas’ Deceptive Trade Practices Act when he started his probe.