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In an emergency meeting on Friday, Twitter employees lashed out over Elon Musk’s deal to acquire the company for $44 billion, accusing the world’s richest man of bigotry and fretting over potential job cuts once the deal closes.
Staffers at the ‘impromptu’ all-hands meeting fired angry questions at executives including CEO Parag Agrawal, who was described as looking tired and at times annoyed, taxi newark airport according to Insider.
Reached by DailyMail.com on Saturday morning, a Twitter spokeswoman declined to comment.
One employee at the meeting described Musk as anti-gay and anti-transgender, expressing fear that his ownership would hurt efforts to recruit new employees.
‘What should we tell the LGTBQ community at recruiting conferences we’re lined up to attend when they ask us why they should come work at Twitter when we just sold ourselves to an open homophobe and transphobe?’ the staffer asked Dalana Brand, Twitter’s chief people and diversity officer.
Brand diplomatically avoided agreeing with that assessment of Musk, responding: ‘I cannot speak to Elon’s personal feelings on these things. I can’t speak to what he’s done in his other companies, in terms of people’s experiences.’
‘Perhaps in the future we’ll be able to have a conversation. That may be telling,’ she added.
At an all-hands meeting on Friday, Twitter staff fired angry questions at CEO Parag Agrawal (left) and Dalana Brand, Twitter’s chief people and diversity officer (right)
Elon Musk, seen with filmmaker Bryn Mooser last month, will not make any decisions about job cuts until he assumes ownership, one source says
The criticism of Musk may have been referring to his prior mockery of the inclusion of pronouns in Twitter bios.
Recent reports also suggest that the billionaire was prompted to buy Twitter after the ewr car service suspended a satirical account that praised a transgender Biden administration official as ‘Man of the Year’.
Twitter staffers also voiced fears about coming layoffs. Musk has reportedly vowed to slash executive pay after taking over, but one source said he will not make any decisions about job cuts until he assumes ownership.
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One employee, described as ‘angry and disappointed,’ raised the issue with Agrawal in a question read aloud during the meeting.
‘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?’ the employee asked.
Agrawal answered that Twitter has always cared about its employees and would continue to do so, but did not deny the possibility of layoffs.
‘Different organizations have different cultures, but they’ve excelled,’ he said. ‘It will be different here than what it is today, but for the people who are here, it will be worth it to be here.’
‘I believe the future Twitter organization will continue to care about its impact on the world and its customers,’ he said.
Twitter headquarters is seen in San Francisco. Twitter staffers voiced fears about coming layoffs in a staff meeting on Friday afternoon
Executives said during the meeting that the employee attrition rate has not changed compared to the levels before the news of Musk’s interest in buying the company.
In recent days, Musk has tweeted criticism of Twitter’s top lawyer, Vijaya Gadde, who is widely respected across Silicon Valley. Gadde was a key player in controversial moves to ban Donald Trump from Twitter and censor reporting on Hunter Biden’s laptop.
Musk’s attack triggered a barrage of online harassment targeting Gadde, and led to speculation that he could fire her after assuming control.
At Friday’s meeting, Gadde addressed questions about the contract Musk struck with Twitter defining the terms for his buyout.
Asked about the $1 billion termination fee that either party could be forced to pay if they walk away from the deal, Gadde said that it could be seen as ‘an incentive in some ways to perform the contract.’
‘But the contract itself has very strong requirements to perform,’ Gadde continued, according to Insider.
‘What I mean by that is there’s a provision in the contract that says Twitter can sue to have the contract enforced. So, as we say, it’s not just about the termination fee. It’s all the provisions and how they play together to create deal certainty.’
At Friday’s meeting, top Twitter lawyer Vijaya Gadde addressed questions about the contract Musk struck with Twitter defining the terms for his buyout