Synopsis
Twitter Inc officials said at a companywide meeting on Friday that the company will monitor staff attrition, but that it was too early to know how the buyout deal with Elon Musk would affect worker attrition.

Twitter CEO Parag Agrawal attempted to calm employee rage at a company-wide meeting on Friday, as employees demanded answers on how managers planned to handle an expected mass departure caused by Elon Musk.
The discussion comes after Musk, the Tesla CEO who agreed to buy Twitter for $44 billion, frequently attacked Twitter’s content moderation processes and a top executive in charge of setting speech and safety policies.
During the internal town hall meeting, which Reuters attended, officials stated that the business will track staff attrition on a daily basis, but that it was too early to determine how the buyout deal with Musk would affect staff retention.
According to people familiar with the subject, Musk has lobbied lenders on reducing board and executive compensation, but the exact cost cutbacks remain unknown. According to one insider, Musk will not make job-cut decisions until he owns Twitter.
“I’m tired of hearing about shareholder value and fiduciary duty. What are your honest thoughts about the very high likelihood that many employees will not have jobs after the deal closes?” in a question read aloud at the meeting, one Twitter employee questioned Agrawal.
Agrawal responded that Twitter has always cared about its employees and will continue to do so in the future.
“I believe the future Twitter organization will continue to care about its impact on the world and its customers,” he said.
During the discussion, executives stated that the staff attrition rate has not altered since the news of Musk’s interest in purchasing the company broke.
Musk has recently posted criticism of Twitter’s top lawyer, Vijaya Gadde, who is a Twitter veteran and well-known in Silicon Valley. Musk’s attack sparked a flood of online hatred directed toward her.
Employees reportedly expressed concern to executives that Musk’s erratic behavior could destabilize Twitter’s business and harm its financial prospects as the firm prepares to address the advertising world in a presentation next week in New York City.
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