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Elon Musk's Late-Night Email to Twitter Employees Signals an End to Remote Work · Elon Musk Podcast

• 0:05
  Welcome back to the Elon Musk podcast where we dive into the
• 0:08
  latest news and insights about The Eccentric, billionaire, CEO,
• 0:11
  of Tesla and SpaceX. And now the owner of Twitter I'm
• 0:15
  your host will Walden and in today's episode we'll be
• 0:18
  discussing musk's recent late-night email the Twitter
• 0:21
  employees signaling a major shift in the company's remote
• 0:25
  work policy. Now, as the world grapples with
• 0:28
  the future of work Musk, Stance against remote work.
• 0:31
  Has sparked debate and unrest among Twitter staff.
• 0:34
  Join us as we explore the contents of musk's memo his past
• 0:39
  experiences with remote, work policies at Tesla and SpaceX and
• 0:43
  the potential implications of the decision for Twitter and its
• 0:46
  employees will also discuss a little bit about the broader
• 0:50
  debate around remote work and how this move by musk Mahopac
• 0:54
  the ongoing conversation about the future of work and a post
• 0:58
  pandemic world. Now, Don't and let's get into
• 1:03
  the discussion as the world continues to Grapple with remote
• 1:07
  work culture, Elon Musk, the CEO of Tesla and SpaceX and Twitter
• 1:13
  has a Firm Stance against it in a late-night, email sent to
• 1:17
  Twitter, employees must report to leave reminded them about the
• 1:21
  company's remote working policy. Stating that the quote office is
• 1:26
  not optional, Zoe Schiffer, a managing editor at platform.
• 1:30
  Our shared the contents of the email in a tweet on Wednesday,
• 1:34
  the memo from musk pointed out that the San Francisco
• 1:37
  headquarters of Twitter quote was half-empty yesterday.
• 1:40
  According to chiffres tweet, this comes at a time when
• 1:44
  Twitter has been facing massive layoffs, with thousands of
• 1:47
  employees losing their jobs. Since must took control of the
• 1:51
  company. In late October, the total
• 1:53
  number of layoffs is sought to be around 1300 as reported by
• 1:58
  CNBC Twitter's communication team was laid off, and the
• 2:03
  company's press office is now automatically responding to
• 2:07
  emails with the poop emoji. Now, when they've been
• 2:10
  contacted, Twitter didn't respond, and musk is notorious
• 2:15
  for sending emails to his employees during weird hours.
• 2:19
  In November, he sent an email to employees at 239.
• 2:23
  Am informing them? That remote work would no longer
• 2:26
  be allowed, the Tesla and CEO. Of SpaceX has been vocal about
• 2:32
  his disapproval of remote work. Claiming that it tricked people
• 2:35
  into believing that they don't need to work hard economists.
• 2:39
  However have disputed musk's perspective.
• 2:43
  Now in this memo must begin by stating that there was quote, no
• 2:47
  way to sugarcoat the message about the economic climate and
• 2:51
  its impact on Twitter. A company reliant on Advertising
• 2:54
  Revenue his insistence on ending remote work is not new and in
• 2:59
  May of Last year, he told Tesla staff to return to the office
• 3:02
  full-time or seek new jobs. Elsewhere following his
• 3:08
  ultimatum Tesla began monitoring employees office attendance as
• 3:12
  previously, reported by The Insider and it remains to be
• 3:16
  seen how musk's email and Twitter subsequent remote work.
• 3:19
  Policy changes will impact the company and its employees in the
• 3:24
  long run. Now was remote, work has become
• 3:26
  the norm for many during the pandemic companies have had to
• 3:29
  adapt to new ways of operating. Some of embrace the shift with
• 3:34
  giants like Google and Microsoft offering flexible work
• 3:38
  arrangements for their employees.
• 3:39
  Others have taken a more traditional approach CEOs.
• 3:43
  Like, JPMorgan Chase's Jamie dimon expressing concerns about
• 3:46
  the long-term effects of remote work on company, culture and
• 3:51
  productivity. Now, Elon musk's decision to and
• 3:54
  remote work at Twitter is another example of the ongoing
• 3:57
  debate surrounding remote working.
• 4:00
  You want some people believe that the benefits of remote work
• 4:04
  such as reduced overhead costs and increased employee
• 4:07
  satisfaction outweigh the potential.
• 4:08
  Downsides others argue that the lack of face-to-face,
• 4:12
  interaction can hinder collaboration and creativity in
• 4:16
  the workforce. A musk's hard stance.
• 4:20
  On remote work may come as a shock to some employees at
• 4:23
  Twitter who have grown accustomed to working from home
• 4:25
  during the pandemic. And as more companies reconsider
• 4:29
  the remote work pie. Policies in the wake of the
• 4:31
  crisis. It will be interesting to see
• 4:33
  how the debate continues to evolve and how employees respond
• 4:36
  to these changes. The effects of must decisions on
• 4:39
  Twitter's future remains uncertain.
• 4:43
  Will this hard line approach to remote remote, work, alienate,
• 4:47
  talented employees and reduce the company's ability to attract
• 4:51
  top talent or will it Foster renewed sense of collaboration
• 4:55
  and Innovation among the remaining staff?
• 4:57
  Now, only time will tell And over at Twitter, Twitter, blue
• 5:02
  or is Elon Musk calls it. Twitter verified is available,
• 5:07
  worldwide for a monthly subscription fee of seven
• 5:10
  dollars per month. Twitter Blues, official,
• 5:13
  relaunch is cheaper, but does come with a few caveats.
• 5:18
  In October of 2022, Twitter plan to charge verified users up to
• 5:23
  $20 per month. And that seems to be an
• 5:27
  astronomical figure at this point.
• 5:29
  And they seem to figure Her out that the seven dollar a month,
• 5:32
  price range is good. Elon explained that the paid
• 5:36
  subscriptions allowed Twitter to pay the bills.
• 5:38
  He reasoned the social media company could not just rely on
• 5:44
  advertised errs in the subscriptions.
• 5:46
  What also provide further income for Twitter.
• 5:49
  Now it was $8 Ilan, lowered it from 7:40 and before the
• 5:55
  relaunch it was $8 a month and now Twitter's lowered blue
• 5:58
  subscription price by one whole dollar offering it for seven
• 6:02
  dollars instead. Now if you can save a few
• 6:06
  dollars in purchase, Twitter Blues, full plant, the annual
• 6:12
  plan, Rather than its monthly plan, that seems to be a cost
• 6:15
  and savings for the user. Now, the Twitter blue users have
• 6:19
  access to some of these features.
• 6:22
  And if you are Twitter, blue user now, you'll have more
• 6:26
  features in the future, you'll be able to edit your tweets.
• 6:30
  You'll have larger video, 1080p, video, uploads a reader.
• 6:34
  There's new navigation. That's customizable.
• 6:37
  There's a folder full of your bookmarks.
• 6:39
  There's articles that are layered in top Articles, and
• 6:43
  lower articles, there's the capability to post longer
• 6:46
  Vehicles as well, our sorry longer videos as well.
• 6:50
  And this could bring in some content creators such as mr.
• 6:53
  Beast in the future and early access to new features from
• 6:57
  Twitter blue Labs as well. So those are some of the newest
• 7:01
  things that are happening over at Twitter.
• 7:04
  If you liked this episode, please take a second and hit the
• 7:07
  Subscribe button. I'd really appreciate it.
• 7:09
  Take care of yourselves and each other, and I'll see you in the
• 7:11
  next episode. Code of the Elon Musk podcast.
• 7:12
  Code of the Elon Musk podcast.