The Twitter drama has reached a new height altogether as hundreds of Twitter employees resign. This has made many people speculate about Twitter shutting down. This resulted from a final ultimatum that rolled out on Wednesday from Elon Musk’s side to decide whether they want to leave or will choose to commit to an “extremely hardcore” work culture. He even stated those who will not send their consent by Thursday, 5 pm, will receive 3 months of severance pay.
But it seems Twitter employees are in a really bad mood to heed any such ultimatum and have started resigning in loads. Later that day, Twitter emailed their employees to inform them that the office building would remain to be closed and employee badge access would be disabled until Monday.
Some sources say that before the Thursday deadline, Elon Musk and his advisers held a meeting in which they talked with unsatisfied Twitter employees to persuade them to keep working for the company. Reports say Musk was even ready to take back his words on no work-from-home thing he mentioned earlier.
All thanks to Twitter‘s revamping, which followed Elon Musk’s takeover of the company on October 27, 2022, and his way of dealing with things that resulted in Twitter shutting down. Till now, he has fired many employees, including executives, workforce, and staff, who showed guts and raised their voices against his new policies.
Is Twitter Shutting Down 2022?
No, Twitter is not going to shut down as of now. But Yes! all the Twitter offices are temporarily closed, and employee badge access has been suspended until Monday. Sources even say that CEO Elon Musk is “terrified employees are going to sabotage the company.”
For now, Twitter offices will reopen on November 21st.
Why is Twitter Shutting Down?
All thanks to Elon Musk’s new Twitter policies and work culture.
On Thursday, hundreds of employees refused to continue working for the company and decided to resign in masses so that it could really make an impact. Twitter shutting down call follows Musk’s 5 pm ET deadline to sign the company’s new “extremely hardcore” policy. As per reports, less than 50% of the company’s remaining staff, after the previous layoff, of nearly 4000 employees signed up to work for Twitter 2.0, which clearly states that Twitter employees have sworn to stand for their rights.
Why are Twitter Offices Closed?
Insider reports also stated that in a meeting to personally convince some staff to remain a part of the company, they were called in via a video conference. And many staffers began to hang up the call after the 5 pm deadline, even as Musk continued speaking.
It is not the first time that the Twitter office has been closed ever since Musk took over. About 3 weeks ago, when Musk started mass layoffs, the Twitter offices closed for the first time, and employees were barred from entering the office. And the email to let employees know about the same states that this move was to “ensure the safety of each employee as well as Twitter system and customer data.”
And yesterday’s closure came after his first company-wide email, which was sent to every Twitter employee, stating that the company would not entertain remote workers from now onwards and would prefer to save for those doing “exceptional” work.
Seeing mass resignation coming from employees, he later retreated from his word on remote working policy. He stated that it would continue to be allowed, provided the manager approves and backs the demand.
What’s Going on With Twitter?
It’s been only a few weeks since Musk bought this company, and it seems like Twitter is dying. Musk spent $44 billion to take over the company, and at the time of buying, he promised to make massive changes so that he could bring the company out of debt. But it seems that all the proposed changes to recover the company’s finances will further drag it into the pool of debt.
He started the revamping of Twitter by offering verified blue checkmarks to any user who was willing to pay $8 per month and also promised to remove verification marks of users who would not pay the money. Then he started publicly fighting with his employees on the Platform by replying to their Tweets and even fired some of them on a Tweet. After this, he started firing a large number of employees, and then the company was forced to ask some of those employees to return. All this chaos resulted in the resignation of some of the most important employees, which took the company to the verge of dying.
People’s Reaction to Twitter Shutting Down
After the recent news of Twitter shutting down and people’s speculation regarding is Twitter dying, many hashtags are in trend, like #RIPTwitter, #GoodByetwitter and many more.
And 3 hours ago, Twitter added a Readers added context they thought people might want to know, stating this as a joke.
Elon Musk’s Reaction to Twitter Shutting Down
Elon Musk breaks his silence over rumors and reports stating Twitter can potentially shut down. In a series of Tweets on Thursday, Musk joked about the whole Twitter Shutting down thing multiple times by, and himself tweeted The Flash‘s Grant Gustin grave meme indicating Twitter’s ending. Then he tweeted, “And… we just hit another all-time high in Twitter usage lol” which follows his, “Let that sink in …” tweet.
As of now, no one can say what is going to happen next as the uncertainty is increasing day by day. All we can do is sit and watch what is the next surprise waiting in the queue for all the Twitter users as well as for employees. His attempts to bring back all the money he has invested seem to go in vain.
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