Ever since Elon Musk has bought Twitter, both Musk and Twitter are in discussion. After the takeover, Musk has fired many employees from the company. On the one hand the company is facing losses and on the other hand the phase of retrenchment is going on continuously in the company. After buying Twitter, Musk has fired 75% of the employees, which included Twitter’s CEO, CFO and policy head. Meanwhile, a report has come out in which Elon Musk has fired the top managers of the company.
A very unique way of promotion
According to the report of iNews, Musk had asked some managers of the company to choose their best employee. When the list of best candidates was handed over to Elon Musk, Musk fired many managers. In return, Musk promoted the selected employees to the position of manager. Recently you must have read in the news about a woman named Esther Crawford who became popular on social media because she was sleeping on the floor in Twitter office.
Esther Crawford was also removed from the company by Elon Musk in the same way. According to the report, Elon Musk has fired about 50 managers in this way and has promoted the best employees to the post of manager. This step has been taken by Elon Musk so that the expenditure on the salary of the managers can be reduced. By the way, all the managers who were currently working in Twitter were kept on less salary than before.
Last year Musk bought Twitter
In October last year, industrialist Elon Musk bought Twitter for $44 billion. After buying Twitter, he took several big steps, including retrenchment of employees and announcement of paid subscription for Twitter. For Twitter Blue in India, Musk charges Rs 650 from web users and Rs 900 per month from Android and iOS users. In Twitter Blue, the company provides some premium service to the people as compared to the common users.