Connect with us

CELEBRITY

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

Published

on

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.

CELEBRITY1 day ago

BREAKING: President Donald Trump Falls, Breaks Ankle While Leaving the White House—Rushed to Hospital. “THE PRESIDENT IS SAID TO BE IN CRITICAL PAINS”….See More

CELEBRITY1 day ago

BREAKING: Heart Attack Strikes E. l o.n Musk 5 Minutes Ago ,In an unexpected and alarming development, tech mogul Elon Musk reportedly suffered a heart attack just five minutes ago. According to sources close to Musk, the incident occurred at his private residence in…SEE MORE

NEWS4 days ago

Breaking News: A powerful 7.7 magnitude earthquake hits Myanmar and Thailand, killing more than 150 people.

CELEBRITY2 weeks ago

SHOCK: Brad Pitt’s 17-year-old daughter SHILOH finally admitted that she had an affair with Diddy, something we’ve long suspected: Diddy forced me to confess and… read more.

CELEBRITY2 weeks ago

Hollywood Superstar Ryan Reynolds heats up Blake Lively and Justin Baldoni drama by calling him UNSAVOURY things.

CELEBRITY2 weeks ago

Hollywood actor Will Smith’s son Jaden Smith has been going viral after being spotted with a strange appearance where he can be seen physically holding his pants up to prevent…see details

CELEBRITY2 weeks ago

Dolly Parton’s husband Carl Dean was last seen on a rare outing in Tennessee five years before his death: ‘For the past five years he has been struggling with the pain of a strange illness and said if I died I would… see more

CELEBRITY2 weeks ago

ALARMING NEWS: Elon Musk is facing health issues attributed to his extensive work hours. He revealed that he often works over 80 hours a week and acknowledged the potential health impacts. Medical professionals have identified that he has been diagnosed with a specific illness…read on for more details.

CELEBRITY3 weeks ago

BREAKING: Candace Owens calls for Lia Thomas to be removed from women’s sports to maintain equality for women!

CELEBRITY3 weeks ago

Lip Reader Decodes What Demi Moore Said After Losing Oscar To Mikey Madison

CELEBRITY3 weeks ago

EXCLUSIVE: Why Pals Are Telling Taylor Swift to SPLIT From Travis Kelce — Despite Engagement Rumors Swirling Around Couple

NFL2 months ago

Taylor Swift and Travis Kelce’s relationship is a goldmine, generating millions of dollars for them and the NFL.

Copyright © 2024 USAmium