Meeting live updates

Meeting ended and employees are worried about layoffs

The general meeting ended around 1 pm Eastern Time.

According to one source, most of the reactions on Twitter’s Slack message board were of a negative nature.

Employees expressed that many of their concerns about layoffs, remote work, reduced focus on content moderation, and inclusion and diversity measures were confirmed.

Employees also sent memes about how to classify themselves as exceptional, according to the source, an apparent reference to Musk’s note that exceptional employees could likely continue working remotely and not have to fear layoffs.

— Lauren Feiner

Musk wants Twitter to reach 1 billion daily active users

Success on Twitter would look like a significant increase in the number of daily active users, potentially reaching 1 billion, Musk said, according to a source.

Twitter said in its Q1 2022 earnings that it had 229 million monthly daily active users.

Musk’s definition of success also includes whether Twitter is helping more civilization and consciousness, he said.

— Lauren Feiner

Musk veers off to discussion of aliens

Musk briefly diverted the conversation to a discussion of aliens and human consciousness.

He said he saw no real evidence of aliens, according to a source.

— Lauren Feiner

Musk says he doesn’t care about being CEO

Musk doesn’t mind being Twitter’s CEO, he said, according to a source.

He said he cares about steering the product in a specific direction, but isn’t too attached to titles.

— Lauren Feiner

Users should be allowed to say whatever they want on Twitter, says Musk

When it comes to cool but potentially harmful speech, Musk told Twitter employees that people should be able to say whatever they want.

But that’s different from Twitter promoting that speech, Musk said, according to the source.

Users have the right to filter out content they don’t want to see, he added. Musk said the standard is much more than not offending people, it’s for them to be entertained and informed.

Musk reiterated a sentiment he’s made online earlier that if 10% of the far left and far right are upset, Twitter is doing the right thing.

Addressing the topic of inclusion and diversity, Musk said the most inclusive thing to do would be to get all humans on Twitter.

He said he believes in strict meritocracy.

— Lauren Feiner

Musk addresses possible layoffs on Twitter: The company needs to get healthy

Musk said the Twitter layoffs will depend on his financial situation.

“It depends. The company needs to stay healthy,” Musk said, according to the source. “Right now costs outweigh revenue”

Musk said there has to be some rationalization of headcount or else Twitter won’t be able to grow.

“Anyone who is a significant contributor has nothing to worry about,” he said.

— Lauren Feiner

Musk has a strong bias towards personal work

Musk, who recently told his Tesla employees to go back to work in their offices 40 hours a week or quit, seemed to draw a distinction between working remotely at the automaker and on Twitter.

“Tesla makes cars, and you can’t make cars remotely,” Musk said, according to a person familiar with the matter.

Musk did not elaborate on what his remote control policy would look like for Twitter employees and said that if someone is exceptional at their job, remote work is fine, according to the source.

But, Musk said his “bias is strongly towards working in person”.

— Lauren Feiner

Musk on how he can build trust with Twitter employees

“If someone is doing useful things, that’s great. If they’re not, I ask why they’re in the company.”

— Lauren Feiner

Elon Musk on freedom of expression

Elon on free speech (paraphrased): People should be allowed to say whatever they want, but that doesn’t mean Twitter should promote it.

— Lauren Feiner

Musk asked why he loves Twitter

Elon when asked why Twitter: “I love Twitter”, “I learn a lot from what I learn on Twitter.” It’s a “great way to get a message across”, “some people use their hair to express themselves, I use Twitter”

— Lauren Feiner

Employees are asking questions

Employees submitted questions they are most interested in – no promise of an answer, but ranked higher in the categories of workplace policies (i.e. remote work), free speech, Elon suggested product improvements, and relationship with the employees — Lauren Feiner

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