Elon Musk Plays HR Roulette; Fires Twitter Managers After Promoting Best Employees They Picked
Shall we call it Twitter's Musk-erade?
By | Fengyen Chiu | in.mashable.com
Ever since Elon Musk has taken over Twitter, things haven’t been going well for the company and well as the employees of the micro-blogging site. With a massive layoff of employees and an ongoing struggle to keep revenue afloat, things have taken a downward turn. Musk’s decision to fire top managers in February raised eyebrows and led to questions about his leadership style.
SEE ALSO: More Layoffs At Twitter! Even The Employee Who Slept At Office In Viral Photo Isn’t Spared
According to a report in iNews, Musk asked managers to nominate their best employees for promotions. However, instead of promoting them, he fired the managers and replaced them with their top-performing employees. This decision was based on his belief that the previous managers and executives were overpaid and not contributing enough to the company’s success.
The report notes that Musk fired close to 50 managers, including the CEO, CFO, and Policy head of the company. He replaced the senior management with new employees who were paid much less.