The remaining employees at the company were given an ultimatum by Musk. They can either stay and be part of the hardcore culture or leave. Today is the last day for employees to complete an online form with their decision.
There were unanswered questions about the terms of the agreement just hours before the deadline. Employees were confused on Wednesday as they sought out information about their employment. What would the work look like? What would happen to employees when they're not working? People on visas can't stay in the US if they don't have a job. Employees asked about Musk's ultimatum for leadership and were promised more clarity as the clock continued to tick.
The FAQ says this is not a scam.
The FAQ sheet was sent to employees on Wednesday. The document is a copy of which was obtained by The Verge. It is possible for employees to take a few months of pay and benefits and transition away.
The document begins with assurances that Musk's email was legit. The FAQ says that this is not a scam. If an employee doesn't click "yes" on the form to confirm they want to stay, they'll be treated as a resignation.
Do you have any information that you would like to give to the public? Please let me know about your experience. If you contact me at mia@theverge.com, I will give you my signal.
An exception could be given to employees on leave. Everyone else can't get an extension on making a decision because their choice is final. If an employee has parental leave scheduled, it will be cut short to match their separation date.
If you don't click "yes", you will get two months on payroll with benefits and one month of separation pay. For New York City employees, the terms are different. Employees need to agree to a separation agreement in order to receive the additional month of pay. The document states that the agreement will be circulating soon. If employees don't agree to the separation terms, they will lose a month of pay.
He hasn't done anything to get our trust.
One employee who spoke on the condition of anonymity said that he felt like Musk was forcing employees to make the decision on blind faith. We don't know if our jobs will be safe or if our teams will exist if we stay.
Employees were concerned about what would happen to people on visas. According to the memo, they will remain employed through the non working period. If employees with precarious immigration status want to stay in the country, they will need to find a new job or stay atTwitter.
The FAQ tells employees that they need to do what it takes to perform at the highest level if they want to stay around. Employees will be required to be in an office with exceptions being considered on a case-by-case basis. It's possible to work outside of business hours on Saturdays and Sundays.
Musk has promised that people will be rewarded with exceptional amounts of stock if they stick around. The answer was curt: "Not at this time."
There has been a lot of chaos since Musk took the helm. Major advertisers have stopped advertising on the platform due to the disastrous launch of the paid subscription service.
Today is the last working day for those who want to leave, so employees have just hours left to make a decision. The workforce will be smaller by 5PM.
The company reached out to the micro-blogging site for a response. Musk destroyed the press office.
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