Issues over at Twitter HQ appear to be in disarray, in accordance with a number of inside paperwork considered by Platformer over the previous few days.
A leaked memo from final Wednesday, considered by Platformer’s managing editor Zoë Schiffer, revealed that Musk despatched an e mail to workers round 2:30 a.m. telling them that the workplace was “not non-compulsory” whereas noting that Twitter’s HQ in San Francisco was half empty the day prior.
NEW: Apple is monitoring worker attendance (by way of badge data) and can give workers escalating warnings if they do not are available 3x per week.
ALSO: Elon Musk despatched Twitter workers an e mail at 2:30am saying the “workplace just isn’t non-compulsory” and noting SF was half empty yesterday.
— Zoë Schiffer (@ZoeSchiffer) March 22, 2023
The message was not surprising, as Musk made it clear nearly instantly upon his takeover of the social media platform that he expects workers to work “in workplace a minimal of 40 hours per week” and that “distant work is not allowed except you’ve got a particular exception.”
Simply days after final week’s reminder, one other inside memo leaked that exhibits how ominous issues are at Musk’s “Twitter 2.0.”
In accordance with the inner doc, Musk stated that worker inventory grants are to be based mostly on what he estimated to be a $20 billion valuation for the corporate — lower than half of what he paid for it (an estimated $44 billion) final fall.
Schiffer defined that Musk’s final aim is to get Twitter to a $250 billion valuation (tenfold from the place it’s now) and instructed workers that there is a “clear however troublesome path” to get there, concurrently nodding to the modifications the corporate has applied over the previous 5 months.
Comp will increase can be based mostly on X Corp inventory. Present grants are based mostly on a $20b valuation. Musk says he sees a “clear however troublesome path” to $250 billion valuation which might imply present grants may 10x. 3/
— Zoë Schiffer (@ZoeSchiffer) March 25, 2023
He additionally stated that Twitter was on the trail of an “inverse startup,” which might align with the mass layoffs and the arduous hours workers have been working, with some even sleeping inside the workplace to maximise productiveness.
On prime of all the inner drama, a lawsuit filed by Twitter originally of the weekend confirmed that a part of Twitter’s supply code (the backend code that runs the platform to be used) had been leaked on-line by a rogue consumer on web internet hosting platform Github.
The submitting requested for Github to take away the posting, which it did. It additionally requested the courtroom to supply private data (names, IP addresses, telephone numbers) related to the consumer profile that posted the supply code, satirically named “FreeSpeechEnthuisast.”
Musk didn’t publicly touch upon both of the leaks.