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Musk meddles via Twitter in US midterm elections

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Musk meddles via Twitter in US midterm elections

A clear position in favor Republicans tycoon gets Elon Musk who uses it Twitter influence the result in today’s pivotal US midterm elections. Yesterday, he advised “free-thinking” voters to choose Republican candidates. For the first time, the head of a major digital platform has clearly sided with the party.

But on Twitter, in the second week of life under Elon Musk, chaos reigns. Half of the company’s employees have been fired, losses continue, and unexpected twists are visible in the plans. On Friday, the social network of the same name fired nearly 3,700 people. But then he contacted dozens of employees again, whom he later determined were fired either by accident or too important to the billionaire Musk’s upcoming changes. Another one of his key early goals, adding a check on Twitter members’ monthly subscriptions, is currently delayed until Wednesday to avoid potential chaos during the US midterm elections. The events, described by people familiar with the situation or recorded in an internal memo posted on Slack’s internal communications network, reflect Elon Musk’s own assessment that the company he and his partners bought for $44 billion is losing $4 million in year. day. In addition, the mogul cited the mission of the social network, which is nothing less than to become the most reliable source of information about what is happening in the world, which caused widespread debate about how this is achieved and what it means to be reliable and accurate information. .

Twitter is in chaos: 50% of employees have been fired, and many call back as needed.

The company also drastically cut staff as a cost-cutting method after it was acquired by Musk on Oct. 27. Many employees have learned they have lost their jobs after their access to corporate systems such as email and Slack was suddenly suspended. Although a few people were removed, some were asked to return, which shows how hasty and chaotic the process was. “When it comes to downsizing Twitter, unfortunately the company has no choice when the company is losing more than $4 million a day,” Musk tweeted Friday. The evacuees were offered compensation for 3 months, which is 50% more than required by law. The company laid off more than 90% of its staff in India over the weekend, largely stripping its engineering and manufacturing units, people familiar with the matter said. The cuts left the company with just a dozen employees at a time when the Indian market is growing rapidly. After massive changes, Twitter now has about 3,700 employees. Musk is pushing those who still work for him to quickly integrate new social networking features, which is why in some cases employees even stayed overnight in the office to meet deadlines.

Twitter said it is rolling out new features to its Twitter Blue subscription plan, offering user authentication for $8 per month. He also added that he will soon roll out new services, including half of the ads on offer, the ability to show longer videos, and prioritize responses, reports, and searches.

Author: BLOOMBERG, REUTERS

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