Many Twitter India employees are wary of changes in culture, policies and compensation that the social media platform’s new owner, Elon Musk, will bring.
Mint spoke to employees on Twitter, who said some are excited about Tesla and SpaceX chief executive Musk owning Twitter, others cautious about how the changes will affect their roles and future. “The all-hands meeting took place around 2 a.m. India time, and we were told about 1 p.m. The link was shared, and since then, we have been scanning through the platforms in hopes of finding out more information,” said a Twitter India employee who did not wish to be named.
Another employee said, “Some people are excited about the changes, while others are concerned about Elon Musk’s personality.”
Twitter said on Monday that it has accepted Musk’s offer to buy the company for $44 billion. “Upon completion of the transaction, Twitter will become a privately held company,” the company said in a statement tweeted by company president Brett Taylor.
The company has approximately 7,500 employees in total. “There will be more meetings in the future. Internally, many teams in India are globally aligned, so there will be questions on how their profiles will change,” another Twitter employee based in India also requested anonymity.
As per reports, Twitter Chief Executive Parag Agarwal said, “There are no layoff plans at this time. He also informed that the restricted stock options will remain vested in the normal manner till the close of the deal for now.
Twitter did not respond to questions sent to Mint on Tuesday afternoon.
“We constantly evolve our policies,” the New York Times quoted Agarwal as saying when asked whether former US President Donald Trump would be allowed to return to Twitter. “Once the deal closes, we don’t know which direction this company will go,” the NYT said, citing Agarwal.