As Musk continues to bring down Twitter, how is DOGE is doing?


Elon Musk and the logo of Twitter on a mobile phone
As many as 50% of Twitter’s workforce may have walked out after Musk’s ultimatum – Photo: Getty Images

#RIPTwitter was trending on Twitter as of 18 November to mark the departure of large numbers of employees of the American social media company, who are walking out in protest at the actions of the company’s new owner, Elon Musk.

The departures, came after Musk, who is also the CEO of Tesla, the American electric vehicle and clean energy company, sent a companywide message to Twitter staff to sign up for “long hours at high intensity” or leave.

Reports stated that numerous people have left the firm after Musk’s demand.

Twitter staff had until the end of the workday on 17 November to respond to a Google form with “yes” if they wanted to carry on working for what Musk has labelled Twitter 2.0. If they rejected the form, 18 November would be their last day working for the company.

According to The Verge, people who saw Twitter’s Slack channel said employees who had rejected Musk’s new demands were announcing they were leaving and saying goodbye to their former colleagues.

The Guardian reported that it was unclear exactly how many people left the social media company, but it could be as many as 50% of its workforce.

One employee said via Slack: “I’m not pressing the button. My watch ends with Twitter 1.0. I don’t wish to be part of Twitter 2.0.”

DOGE to USD 

Staff locked out of their offices

Following on from the fallout of Twitter 2.0 demands, Twitter staff have been locked out of their offices.

Employees were sent a message, seen by the BBC, that told them the offices would reopen 21 November.

The reasoning behind this move was not revealed in the message.

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Dogecoin reaction

Musk is closely associated with dogecoin (DOGE), which has dropped in price on 18 November, though by not by a large amount. As of 18 November, DOGE was at $0.084, down by 0.78% compared to the day before, but up by 2.32% compared to the previous week, according to CoinMarketCap.  

The Tesla CEO was voted to be the unofficial CEO of dogecoin in 2019 via a Twitter poll, beating other crypto luminaries such as Vitalik Buterin, co-founder of ethereum (ETH), Charlie Lee, creator of litecoin (LTC), and Marshall Hayner, CEO of Metal Pay.

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