From then on to 2022, musk has roughly experienced three states: the "Iron Man" Musk who changed the world - the "playful" Musk who provoked the price of the stock market every day - the "playful" Musk who repeatedly "worked" on social media Of course, no matter whether it is "playing" or "acting", there is his personal interest behind it.
Wen /lianzi
But whatever it is, it is the employees who suffer in the end. In the past two months, both Tesla employees and twitter employees who were disturbed by Tesla have been worried - in addition to being repeatedly "laid off", some people have even been torn up their incoming offers.
In the past seven days, Musk's dramas have included constantly threatening to "tear up" the acquisition contract with Twitter, refusing employees to work at home, announcing layoffs on their own and denying layoffs in the blink of an eye.
Tesla: layoffs before enrollment expansion
When a boss wants to lay off staff, he may only lay off staff directly. But when musk wanted to cut jobs, he would push three times with one button. While others watch the play, Tesla employees can say that their career destiny is as painful as being baked on a fire.
This also has to start with asking employees to return to the office from home. An email from Elon Musk to Tesla management showed that Elon Musk said,
"Any employee who wants to work remotely must work in the office for at least 40 hours a week (I said at least), or can choose to leave Tesla. This is less time than we require factory workers to work in the company."
For a while, this email caused a thousand waves in Silicon Valley. The next day, musk said in a follow-up e-mail to all employees of the company: the office must be a place where you can be with real colleagues, rather than a remote place pretending to be an office. If you don't come to the office, we will consider you to resign automatically“
For such a notice, an internal Tesla employee said, "everyone is frustrated by this email. The tone of the email doesn't care about the employees who have worked hard for the company for many years and helped the company tide over difficulties. To be honest, we are more efficient than going to the company, and all offices lack tables and parking spaces."
A Google employee commented on the anonymous workplace social app blind: it feels like saying "I don't want to lay off staff". The classic musk style move is to lay off staff without scaring Wall Street,
Looking back, this comment has become a divine prediction. Two days after musk issued the email banning telecommuting, he sent two more emails to his employees. This time, the content was really about layoffs and hiring freeze.
According to Reuters, last Thursday, musk emailed employees that the company would cut 10% of its workforce, and "pushed the pot" to the economy, saying that he "felt very bad" about the economic situation.
According to the original e-mail obtained by CNBC, the e-mail signed by musk wrote:
Due to redundancy, Tesla will reduce its long-term employees by 10%. This will not affect anyone who is building cars, developing batteries and installing solar energy. At the same time, we will increase the number of hourly workers.
Tesla employees immediately panicked, and the sense of crisis even spread to the whole silicon valley. But Biden was the first to suffer. After musk predicted that the economy would be very bad, Biden was repeatedly questioned by reporters in an interview the next day.
Biden had no choice but to choke back and said: "when musk complained about the bad economy, Ford is increasing their investment to build more electric vehicles, and 6000 employees will start work in the Midwest of the United States. Chrysler is also expanding its investment in electric vehicles. Intel is adding 20000 new employees to make computer chips. “
On the stock market side, Tesla's share price collapsed before musk could lay off employees. Within 24 hours of the announcement of the layoff plan, Tesla's share price plummeted 9%.
So musk began to "perform" again.
On Sunday, just the third day after he sent the layoff email to the employees, he saw that the general situation was not good, and once again said on his personal Twitter:
"The overall number of employees (headcount) will increase, but the number of full-time employees will remain the same."
This time, no one bought it. The following comment on twitter was a rollover, all questioning Musk's poor language and mathematics.
The netizen obowada said: I have a very bad feeling about musk. I'm not sure if he wants to kill Tesla.
The netizen adrea sisti and hundreds of other netizens said: so what do you mean by the 10% layoff? I don't understand.
The netizen ash birria directly helped musk calculate an account: how can the number of employees be stable if 10% of the employees are cut and the recruitment freeze plan is added?
Netizen James VC directly said: the leaked company email clearly shows that the company will cut 10% of its staff. And if you think the economy is going down, why pay a lot of money for twitter? (of course, James may not know that musk is threatening to quit even after he bought twitter.)
In addition to the accusations of the netizens who ate melons, the engineers could not sit still after Musk's round of operation. Some people say that Musk's series of operations is just to lay off full-time employees and recruit hourly workers with lower costs and fewer benefits. A highly praised message said: musk began to lose people's respect.
Twitter: "the dog ate my homework"
Although no one except musk can really understand whether Tesla is going to lay off staff, what many people suspect is that he has begun to renege on his decision to spend a huge amount of money on the acquisition of twitter - perhaps because he reneged on his decision, or because he paid too much at that time.
As early as May 10, before musk announced his acquisition of twitter, he had already made a lot of comments and suggested that Twitter cut jobs. At that time, Forbes reported that the layoff may involve about 1000 of the current 7500 employees.
Although Twitter has not laid off staff at present, it is worth noting that after musk announced the acquisition of twitter, the whole company was in a panic. The internal structure of the company also experienced turbulence - General Manager kayvon beykpour and general revenue manager Bruce Falck left the company one after another. According to the two executives' own public disclosure on twitter, they were laid off and left. In addition, musk also criticized several senior executives including Parag Agrawal, the current CEO of twitter.
To make matters worse, musk is trying to withdraw from his plan to acquire twitter for various reasons.
In fact, in mid May, musk had already expressed concern about the problem of fake robot accounts on twitter. Since then, he has been finding fault on social media around the problem of fake accounts. At that time, business insider directly said: "musk is using the excuse of 'the dog ate my exercise book' to withdraw from the acquisition. Now the possibility of completing the transaction is less than 50%.".
According to the analysis agency wedbush, they believe that Musk's reneging comes from the huge pressure Tesla shares are facing. Although musk is the richest man in the world, its personal assets largely depend on Tesla's share price. When he announced his plan to acquire twitter, Tesla's share price fell sharply.
"It seems that the robot account problem is not a new problem, but more like an excuse for musk to make a lower purchase discount," wedbush's analysts told the media.
This question musk not only analysts, but also twitter shareholders. They are even considering suing musk for making Twitter's share price more volatile. The SEC also questioned that musk was deliberately delaying the acquisition of twitter. In a recently disclosed letter from the SEC to musk, the SEC also accused musk that the passive investment form he chose to fill in when submitting his application was not applicable to his subsequent behavior of wanting to control and take charge of twitter.
According to the major media reports this week, Musk's team submitted a letter to the SEC, saying that Twitter did not provide the information required by musk to evaluate Twitter's false account. It is worth noting that the letter said that as a "potential owner" of twitter, musk has the right to obtain the required data. Musk believes that Twitter is obstructing him from exercising his rights in the acquisition process and violating his obligations in the merger agreement. Musk reserves the rights arising therefrom, including his right not to complete the transaction and the right to terminate the cooperation agreement.
These rights can be summed up as the right to tear up the transaction. According to the latest news today, twitter directors plan to compromise with musk and open the above data interface to him.
This play is destined not to end, but Musk's influence on Twitter's stock price and the "military heart" within the company is bad. In addition to the concerns of employees about job stability and the uncertainty of the company's future development, some incoming employees have also been severely hit - Twitter has become another company besides coinbase that tore up the offer of the incoming company. According to the disclosure on blind, employees at l7senior em, SWE 2, ng swe and other levels who have not yet joined the company face the problem of tearing up the offer.
Some Chinese have also been affected. A graduate said that he recently received an email from twitterhr, tearing up the offer. She still has a week to graduate, has moved to the twitter office area, rented a room, paid a deposit, and applied for an opt visa. As compensation, she received part of her salary.
In addition, Muyang Wang, a University of Michigan graduate, shared his experience on social media LinkedIn. "In November last year, I signed the offer of Twitter and will become a software engineer after graduation." However, due to Twitter's withdrawal of offer, he has been unable to join the post at present. In a form he reprinted, more than 20 twitter employees listed their information in it, hoping to find a new job through this way.
Alan Zhao, another MBA major at Columbia University, also shared his experiences. "The return offer of the product manager I got from twitter last week was withdrawn“
Finally, back to Musk's acquisition of twitter. According to the latest news, the private equity company under Apollo global management, an ally of twitter co invested by musk, was revealed to be considering shelving the financing acquisition plan to assist musk.
Finally, I just want to say, be simple and speak in a simple way. If it's not simpler, everyone won't believe it.