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Elon Musk requires employees at X, formerly known as Twitter, to file one-page reports detailing their contributions to the company in order to access their stock grants. Read more

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X is planning to use the anticipated impact of employees as a basis for what stock options will be awarded to them, according to an email sent to employees and viewed by The Verge, meaning staff members will need to write the one-page report about their contributions so they can receive stock.

The requirement comes amid a delayed promotions process at X, The Verge reported, noting Musk has previously told employees that stock could be cashed out regularly—just as employees can at his astronautics company SpaceX.

Shortly after his $44 billion acquisition of Twitter, Musk said in an email to employees the company would be transitioning to an “extremely hardcore” operation, one requiring staffers to work “long hours at high intensity,” according to The Washington Post, which noted the email asked employees to sign a pledge or leave the company with three months severance pay.

Musk was also a large proponent of returning to in-office work during the second year of the COVID-19 pandemic, demanding Tesla and SpaceX employees to “spend a minimum of 40 hours in the office per week” or be terminated, The New York Times reported.

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