Most Twitter employees were listening to an hour-long presentation on the social network’s 2023 strategy when word first spread Tuesday morning that Elon Musk was once again interested in buying Twitter Inc. for $44 billion. Internal presenters from the revenue and product teams did not formally address the development or even acknowledge that Musk had rejoined.
They didn’t have to because staff members were closely monitoring the latest development in the saga that has overshadowed their professional lives since April, when the billionaire CEO of Tesla Inc. first agreed to buy the social network for $54.20 per share.
Tweeps, as Twitter’s employees are known, jumped in and shared their thoughts right away on Tuesday morning. One employee’s meme account frequently made fun of people who were just trying to make it through the day without crying. Someone is sick of being humiliated in court, according to a former coworker’s letter.
Even Twitter’s cafeteria sound system in the city’s headquarters joined in. According to a worker, it was playing the Clash song “Should I Stay or Should I Go?”
Many Twitter employees are wondering this now that it seems more likely that Musk will acquire the business. Musk has been trying to violate the agreement for the past three months, disparaging Twitter and its executives and creating confusion and instability at the San Francisco-based company while the two sides are engaged in an expensive legal battle. The board of Twitter understandably supports a sale at $54.20 per share, but many employees have dreaded the idea.
FAQ
- What was the presentation?
Ans. It was on the social networks 2023 strategy
- At what price, Elon Musk wanted to buy Twitter?
Ans. $44 billion
- When was that meeting took place?
Ans. On Tuesday