Elon Musk sent Twitter staff a memo on Thursday confirming job cuts would be announced on Friday.
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Users are quitting Twitter, and the federal government is watching it with “deep concern.”
Elon Musk recently told employees that “bankruptcy isn’t out of the question.”
A workplace culture expert says “exhausted” employees responding to Musk’s management style may ultimately derail the company.
The chaos of the Twitter Blue rollout may be the least of new CEO Elon Musk’s problems. Having a workforce that is overwhelmed, demotivated, and exhausted could be what ultimately derails the company.
That’s according to workplace well-being expert Jennifer Moss, author of the 2021 bestseller titled “The Burnout Epidemic: The Rise of Chronic Stress and How We Can Fix It.”
“If Twitter isn’t going to fall apart because of senators or legislators, their workforce is going to make it the end of Twitter because they’re so exhausted,” she told Insider.
This week, Musk sent a late-night email to staff telling them they must accept his vision for the company, which includes “long hours at a high intensity.” The email has reportedly spurred a “mass exodus” of Twitter employees, a former Twitter executive told CNN, with many deciding to leave the company once and for all.
Moss says today’s generation — many of whom have embraced quiet quitting and coasting culture and pushed back on careerism — is less responsive to the “extremely hardcore” approach Musk described. If Twitter’s remaining workforce is “completely overwhelmed,” she says, any chance of a turnaround will be less likely.
“There was this idea of ‘This is what you do to make big change happen,'” Moss said of Musk’s philosophy. “I think that there was idealism around it. But I think now, that’s no longer cool or acceptable.”
‘Inspiration can be a buffer to burnout,’ but Musk’s actions are unlikely to inspire workers
Even before many employees resigned this week, users were quitting Twitter, the Federal Trade Commission was monitoring the platform “with deep concern,” and its business model was on shaky ground. Musk recently told employees the “economic picture ahead is dire” and that “bankruptcy isn’t out of the question.” In response to this predicament, the CEO has been asking his remaining workforce to work “round the clock” to keep the company afloat, with some employees working 84-hour weeks and even resorting to sleeping at …read more
Source:: Business Insider