Musk’s acquisition plans, while others were eager to work for him - only to be disappointed when he indicated he wanted to abandon the deal. Twitter, which is fighting a legal battle to complete a 44 billion sale to Elon Musk, made the announcement in an email to employees and blamed its financial performance for the potential bonus.
Many of them have expressed misgivings over Mr. Price, who denounced Weise’s Bloomberg article as reckless and baseless, was canceled temporarily after the story appeared. It has also slowed hiring and reduced its real estate footprint.
Like other social media companies, Twitter has recently cut costs to deal with the sluggish economy. The company ties its annual bonuses to its performance against revenue and profitability goals.Ī Twitter spokesman confirmed the accuracy of the email and declined further comment. The New York Times issued a company-wide memo Thursday announcing a Twitter 'reset' and specifically emphasized that tweeting or subtweeting about colleagues was 'not allowed. The figure could fluctuate throughout the year, based on Twitter’s earnings.
NYTIMES TWITTER SERIES
This morning, in a series of memos from executive editor Dean Baquet and deputy managing editor Cliff Levy, the Times made it clear that it would like staffers to shoo away the little blue bird on their phones or at least not feed it as often. In the email to employees on Friday, Ned Segal, Twitter’s chief financial officer, said these challenges would probably affect the annual bonuses that they receive, with the bonus pool currently at 50 percent of what it could be if the company met its financial targets, according to two employees who received the message. Enough with all the tweeting already That’s how I’d summarize The New York Times’ new guidelines on how its journalists use Twitter.
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