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☆ Twitter will lose over 32 million users by 2024 as Elon Musk's takeover causes more hate speech and technical problems, report says
▼ + stars: | 2022-12-15 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +3 min

Twitter could lose over 32 million users in the next two years, Insider Intelligence found. download the app Email address By clicking ‘Sign up’, you agree to be contacted by Insider Inc. and receive emails from Insider Intelligence and eMarketer (e.g. Twitter could lose more than 30 million users in the next two years after Elon Musk took over in November, data from Insider Intelligence showed. Users will abandon the platform as frustrations over mounting technical issues and increased hate speech and offensive content flood the platform, Insider Intelligence said. The forecast for Twitter ad revenue growth was also cut to "essentially flat," over the next two years, Insider Intelligence said.

☆ Hate Elon Musk all you want, but he's got one management trick that every boss should emulate
▼ + stars: | 2022-12-13 | by ( Ed Zitron | ) www.businessinsider.com time to read: +12 min

Managers have become alarmingly distanced from the average worker, making calls based on guesses that aren't informed by actual labor. Musk has demanded that managers are able to create "good code" yet does not appear to be much of a coder himself. Jackson Palmer, a cocreator of dogecoin, said Musk was a "grifter" who "had trouble running basic code" in their interactions. He's targeted critical teams at Twitter and pushed others to quit, which have resulted in a huge upswing in hate speech on the platform. In fact, by his own logic of how managers can contribute to the company, Musk should be summarily firing himself any day now.

☆ Elon Musk booed off stage at a Dave Chappelle show
▼ + stars: | 2022-12-12 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +3 min

New York CNN —Elon Musk joined Dave Chappelle on stage Sunday in San Francisco, home of Twitter’s headquarters where the world’s richest person recently laid off ] many of its employees. The crowd at the Chase Center loudly booed Musk, who had spent much of the weekend wading into the culture wars, making transphobic statements and seemingly echoing QAnon tropes. Video of the incident at Sunday’s Chappelle show captured by people in attendance shows the controversial Twitter owner taking the stage and yelling Chappelle’s famous Rick James impression: “I’m rich, b***h.” Afterward, Musk got loudly booed for several minutes. That’s the sound of pending civil unrest.”After more jeers, Chappelle ended his show with a reprimand and a prayer. Musk continued his culture war campaign on Monday, once again warning about the thread of what he calls “the woke mind virus.”

☆ Trump, Kanye West, and Nick Fuentes pushing antisemitism to the forefront of the GOP could pull the Christian nationalist movement apart
▼ + stars: | 2022-12-12 | by ( Kelsey Vlamis | ) www.businessinsider.com time to read: +9 min

But they also exposed a darker side of Christian nationalism that was always there, experts say. Americans who support Christian nationalist ideas may not identify as Christian nationalists. Andrew Whitehead, a sociologist at IUPUI and co-author of "Taking America Back for God: Christian Nationalism in the United States," has found similar connections between Christian nationalism and antisemitism. Additional research has also found close connections between Christian nationalism, antisemitism, QAnon followers, and supporters of Trump. Greene has said the GOP should be the party of Christian nationalism and even sells merch adorned with the term.

On the agenda today:But first: Ashley Stewart, a chief tech correspondent, is giving us a behind-the-scenes look at Salesforce's succession crisis. Salesforce's Marc Benioff. Jemal Countess / StringerOver the past week or so, at least six top executives from Salesforce and its subsidiaries announced plans to leave, Ashley Stewart, chief tech correspondent, writes. Company insiders attribute these departures to co-CEO Marc Benioff exerting increasing control over the company, adding that he's driven away his closest lieutenants while dialing up performance pressure on employees. The departures have created a crisis in leadership at Salesforce.

☆ From an industrial-sized pizza oven to a statue of the Twitter bird, here are all the weird things you can buy from Elon Musk's Twitter fire sale
▼ + stars: | 2022-12-10 | by ( Hannah Getahun | ) www.businessinsider.com time to read: +3 min

Twitter will be getting rid of hundreds of surplus office supplies in a January auction. The items being auctioned off include kitchen appliances, Twitter sculptures, and office chairs. The company is cleaning out perhaps some of its most — and least — interesting items in an auction next year. The auction comes at a time when Twitter CEO Elon Musk is reducing expenses after purchasing the social media platform for $44 billion. The auction items also include tons of industrial kitchen equipment, including refrigerators and pizza ovens, dozens of display screens, iMac monitors, and gray swivel office chairs.

☆ Elon Musk praises Kyrsten Sinema for leaving the Democratic Party: 'I hope more of our elected leaders act independently'
▼ + stars: | 2022-12-09 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +3 min

Elon Musk praised Sen. Krysten Sinema for leaving the Democratic Party. "I hope more of our elected leaders act independently ...," Musk wrote on Twitter. Elon Musk wrote on Twitter. Musk wrote on Twitter. Arizona Democratic Party Chairwoman Raquel Terán blasted Sinema as someone who "has shown she answers to corporations and billionaires, not Arizonans."

☆ Twitter accused of targeting women for layoffs in new lawsuit
▼ + stars: | 2022-12-08 | by ( ) www.nbcnews.com time to read: +2 min

Twitter has been hit with another lawsuit stemming from the recent purging of half its workforce, this one accusing the social media company of disproportionately targeting female employees for layoffs. Twitter laid off roughly 3,700 employees in early November in a cost-cutting measure by Musk, and hundreds more subsequently resigned. The lawsuit filed by two women who were laid off by Twitter last month accuses the company of violating federal and California laws banning workplace sex discrimination. Liss-Riordan represents current and former Twitter employees in three other pending lawsuits filed in the same court since last month. Twitter has denied wrongdoing in the lawsuit involving advance notice, and has not responded to the other complaints.

Twitter laid off roughly 3,700 employees in early November in a cost-cutting measure by Musk, and hundreds more subsequently resigned. The lawsuit filed by two women who were laid off by Twitter last month accuses the company of violating federal and California laws banning workplace sex discrimination. Shannon Liss-Riordan, a lawyer for the plaintiffs, said women "had targets on their backs" once Musk acquired the company, regardless of their talent and contributions. Liss-Riordan represents current and former Twitter employees in three other pending lawsuits filed in the same court since last month. Twitter has denied wrongdoing in the lawsuit involving advance notice, and has not responded to the other complaints.

☆ Elon Musk is bringing in new faces for Twitter 2.0 — including his cousins and Bari Weiss
▼ + stars: | 2022-12-08 | by ( Jordan Parker Erb | ) www.businessinsider.com time to read: +5 min

The makeup of Elon Musk's Twitter is changing, and not just because the offices are now bedrooms. With the majority of the company's former staff having been laid off — or fired, or resigned — Musk has brought in some of his own picks to work at Twitter 2.0. There's more on the new faces at Musk's social media company below, so let's get to it. Elon Musk is bringing in new faces for Twitter 2.0. And these aren't the only new faces at Twitter — hundreds of people have applied for a chance to work at Musk's new company.

☆ Take a look at the office space that Elon Musk turned into bedrooms at Twitter's headquarters
▼ + stars: | 2022-12-08 | by ( Sam Tabahriti | ) www.businessinsider.com time to read: +2 min

Elon Musk turned some office space at Twitter's San Francisco headquarters into sleeping quarters. Take a look inside some of the sleeping quarters, including what appears to be Musk's bedroom. That has attracted the attention of the San Francisco Department of Building Inspection, which told Insider it was investigating the reports. His decision to have some employees sleep at the office comes after one worker tweeted a picture of his boss in a sleeping bag and mask on Twitter's office floor on November 2, shortly after Musk took control. Take a look inside the office space that's been turned into bedrooms.

☆ Former employees suing Twitter speak out on Elon Musk’s ‘clumsy and inhumane’ layoffs
▼ + stars: | 2022-12-08 | by ( Clare Duffy | ) edition.cnn.com time to read: +4 min

New York CNN —A group of former Twitter employees who are suing the company spoke out Thursday, alleging that new owner Elon Musk’s mass layoffs at the company have triggered multiple labor rights violations. The employees who spoke during the Thursday press conference are each plaintiffs in lawsuits filed by attorney Shannon Liss-Riordan against Twitter on behalf of former employees who were affected by Musk’s takeover of the company. The attorney said Thursday she has also filed three claims against Twitter with the National Labor Relations Board on behalf of former employees. The employees have rights here.”Weeks after the initial Twitter layoffs, hundreds more Twitter employees exited after Musk gave them an ultimatum to work “extremely hardcore” or leave the company. “Of all the issues Elon Musk is facing right now, this feels like the easiest one to fix … treat your workers with respect,” Liss-Riordan said.

☆ Elon Musk posts pictures of his 2-year-old son, X, visiting Twitter HQ — including one with his own employee badge
▼ + stars: | 2022-12-08 | by ( Grace Kay | ) www.businessinsider.com time to read: +2 min

Elon Musk posted a photo of his son "X" near Twitter's headquarters in San Francisco. Musk posted the photo, following reports of workers sleeping in Twitter's office. It's not the first time that Musk has brought X to Twitter's office. Grimes previously told Vanity Fair that Musk sees X as a "protégé" and often brings him along to work events. In the past, Musk's son has tagged along to award ceremonies and major presentations.

☆ Meta considered building a Twitter competitor to capitalize on Elon Musk's 'crisis' at company, report says: 'LET'S GO FOR THEIR BREAD AND BUTTER'
▼ + stars: | 2022-12-07 | by ( Grace Kay | ) www.businessinsider.com time to read: +4 min

Meta brainstormed how to build a Twitter competitor as Elon Musk took over the platform, NYT reports. Since, Elon Musk took over Twitter the company has lost advertisers and around half its staff. "Twitter is in crisis and Meta needs its mojo back," one Meta employee wrote in a post, per The Times. Since the richest man in the world took Twitter private in October there's been a large amount of uncertainty regarding the company's future. Without major advertisers, Twitter could flounder as ads accounted for about 90% of Twitter's revenue last year.

☆ Olive Garden reportedly fired a manager who instituted a hardcore sick leave policy: 'If your dog died, you need to bring him in and prove it'
▼ + stars: | 2022-12-07 | by ( Ryan Hogg | ) www.businessinsider.com time to read: +2 min

Olive Garden has parted ways with a manager who told staff who called in sick to find another job. The manager told staff in a message they'd need to "prove if their dog had died", KCTV5 reported. An Olive Garden spokesperson said the message didn't align with the company's values. In a statement to KCTV5, an Olive Garden spokesperson confirmed that the restaurant chain had "parted ways" with the manager who wrote the letter. Olive Garden did not immediately respond to a request for comment from Insider.

☆ An ex-senior Twitter employee laid off by Elon Musk says the way job cuts were executed was 'inhumane'
▼ + stars: | 2022-12-07 | by ( Kate Duffy | ) www.businessinsider.com time to read: +3 min

Elon Musk's handling of Twitter's layoffs was "inhumane," an ex-Twitter worker said, per the LA Times. Some Twitter staff found out they'd been laid off when they were locked out of work laptops. Since losing his job, Shevat has filed arbitration claims against Elon Musk with the help of attorney Lisa Bloom, per the LA Times. "The way Elon Musk executed the layoffs was really inhumane," Shevat said in the conference, cited by the LA Times. Thousands of Twitter employees have been laid off, resigned, or fired since Musk took over.

☆ Hundreds of people are applying for a chance to work at Elon Musk's 'hardcore' Twitter 2.0 — even after the billionaire laid off half the company's workforce
▼ + stars: | 2022-12-07 | by ( Grace Kay | ) www.businessinsider.com time to read: +4 min

Hundreds of people have applied to Twitter job postings on LinkedIn. Musk laid off about 50% of Twitter's workforce in November and has asked remaining staff to work "hardcore." Just last month, Elon Musk laid off thousands — about half of the company's workforce — and over 2,000 more employees quit. The new job postings come only a few weeks after thousands of employees left the company. Twitter employees might also be able to benefit from stock in the company.

☆ Elon Musk has hired two of his cousins to work at Twitter
▼ + stars: | 2022-12-07 | by ( Sam Tabahriti | Kali Hays | ) www.businessinsider.com time to read: +2 min

Elon Musk hired two cousins to work at Twitter, two people familiar with the matter told Insider. Elon Musk took over Twitter in late October and has since laid off thousands of staff. His cousins James Musk and Andrew Musk – sons of the billionaire's uncle on his father's side – now appear to be full-time Twitter employees. Andrew Musk works on software-engineering projects, while James Musk is more of as "a fixer type," helping Elon Musk on various tasks, one insider said. Since Elon Musk took over Twitter in late October, about 70% of the 7,500-strong workforce staff have been laid off, fired or resigned.

☆ Elon Musk converted office space at Twitter's headquarters into bedrooms. Now San Francisco building inspectors are reportedly launching an investigation.
▼ + stars: | 2022-12-06 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +1 min

Elon Musk reportedly arranged bedrooms at Twitter's headquarters, sources told Forbes. The San Francisco Department of Building Inspection is launching an investigation into the reports. Overnight, Musk had converted sections of Twitter's headquarters into bedrooms for "hardcore" staffers, according to Forbes. "We need to make sure the building is being used as intended," a representative for the San Francisco Department of Building Inspection told KQED, according to Golberg. Representatives for both Twitter and the San Francisco Department of Building Inspection were both not immediately available for comment.

☆ Elon Musk's business confidants are sleeping in new bedrooms at Twitter HQ that have been converted from unused offices. Musk is having one made for him.
▼ + stars: | 2022-12-06 | by ( Kali Hays | ) www.businessinsider.com time to read: +3 min

Twitter HQ in San Francisco now has dozens of bedrooms that have been converted from unused offices. The change is an effort by Elon Musk to save costs when people come to work from out of town. Bedrooms complete with private showers and TV have arrived at Twitter HQ as Elon Musk continues to look for ways to reduce expenses. Dozens of unused offices in the San Francisco building have been turned into bedrooms over the last several days, two people familiar with the changes said. The billionaire has mentioned in emails and in all-hands meetings with Twitter employees that the company is in a "challenging" financial position.

☆ Elon Musk converts some Twitter offices into bedrooms at San Francisco HQ in light of 'hardcore' ultimatum, report says
▼ + stars: | 2022-12-06 | by ( Kate Duffy | ) www.businessinsider.com time to read: +3 min

Elon Musk has fitted out Twitter's San Francisco headquarters with bedrooms, sources told Forbes. A trash can in one of the office bedrooms already had waste inside, indicating that an employee had used the amenities, the source added. "People are already putting in late nights, so it makes sense to an extent," the source told Forbes. Twitter failed to announce or explain the reasons behind the new office bedrooms to employees, one person familiar with the situation told Forbes. "It's not a good look," one source told Forbes.

☆ Elon Musk reportedly told workers at his brain-chip startup to imagine they had bombs strapped to their heads to make them work faster
▼ + stars: | 2022-12-06 | by ( Grace Kay | ) www.businessinsider.com time to read: +4 min

Elon Musk told Neuralink staff to imagine they had bombs strapped to their heads to drive faster work, Reuters reported. Employees told Reuters Musk's push for speed led to an increase in the number of animals killed in testing. One former staffer said that Musk told workers he'd initiate a "market failure" at the company if employees couldn't speed up progress, Reuters reported. Earlier this year, Musk told workers in an email that the company wasn't moving fast enough, per Reuters. It's not the first time Musk has been known to push employees to work at a break-neck pace.

☆ How Elon Musk Could Use Money From Tesla to Prop up Twitter
▼ + stars: | 2022-12-05 | by ( Vicki Bryan | ) www.businessinsider.com time to read: +13 min

Whatever you might think of Twitter, it's hard to watch Elon Musk clumsily flay it alive to "save it." But siphoning cash from Tesla, Musk's only profitable company, just as serious competition is toppling its dominance, should concern Tesla's investors. And given his obsession with Twitter, they may well ask: How far will Elon go to save Twitter at Tesla's expense? How Musk could use Tesla to try and save TwitterMusk cobbled together his Twitter funding primarily by selling off a major chunk of his stock in Tesla and taking out huge loans. Saving Twitter won't kill Tesla anytime soon, and Twitter might not survive unless it does, but Musk is draining Tesla's capacity to weather what could be its toughest challenges ahead.

☆ Elon Musk gambled big on Twitter. Tesla is going to pay the price.
▼ + stars: | 2022-12-05 | by ( Vicki Bryan | ) www.businessinsider.com time to read: +13 min

Whatever you might think of Twitter, it's hard to watch Elon Musk clumsily flay it alive to "save it." Having observed Musk in action for years there is one troubling option I suspect he may pursue: raid Tesla. But siphoning cash from Tesla, Musk's only profitable company, just as serious competition is toppling its dominance, should concern Tesla's investors. And given his obsession with Twitter, they may well ask: How far will Elon go to save Twitter at Tesla's expense? Tesla's stock is down more than 50% this year — evaporating nearly $700 billion in market-cap value since its peak in late 2021.

☆ Big Tech CEOs are asking employees to step up — or step aside
▼ + stars: | 2022-12-05 | by ( Jordan Parker Erb | ) www.businessinsider.com time to read: +5 min

Across the industry, tech CEOs are asking their employees to step up — or step aside. It's not just Elon Musk: Major tech CEOs are asking employees to step up or risk getting fired. After taking over at Twitter, Musk notoriously asked staffers to work "long hours at high intensity" or quit. But other tech CEOs from firms like Meta and Amazon have also been turning up the heat on employees. Here's what more tech CEOs are expecting.

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