Financial TimesFinancial Times

Twitter employees fear the worst, hope for the best with Musk deal

27 Apr 2022 · 4 min read

As Twitter employees digested the most turbulent week in the company’s 16-year history, the message from top leadership was: sit tight.

In the immediate aftermath of the news that Elon Musk had clinched his $44bn takeover bid for the platform with Twitter’s board, staff at a virtual emergency all-hands meeting were told there would be no lay-offs “at this time” and that little else would change until the deal closes later this year, pending shareholder approval and any further dramatic twists.

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