Twitter boss Elon Musk has cut company perks for employees, including wellness, productivity, home internet, training and development, outschools, daycare and quarterly team activities, according to an internal memo seen by The Verge.
"Allowances will be reevaluated over time and may be added back when the company's financial situation improves," it reads.
Meanwhile, Musk has publicly expressed a desire to improve the social network's direct messages work.
According to The Verge, Musk told his employees that the company would encrypt DMs and work to add encrypted video and voice calling between accounts.
"We want to enable users to be able to communicate without being concerned about their privacy, [or] without being concerned about a data breach at Twitter causing all of their DMs to hit the web, or think that maybe someone at Twitter could be spying on their DMs," Musk was quoted as saying.
Moreover, after firing about two-thirds of the micro-blogging platform's 7,500 employees in only three weeks after his take over, Musk said that the company is done with layoffs and is hiring again.
At a meeting with employees, Musk also claimed that Twitter is now actively hiring for positions in engineering and sales, reports The Verge.
He also asked the staffers to recommend potential candidates.
--IANS
shs/vd
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
)