Global Outlook

The world’s richest person Elon Musk held an all-hands meeting with staff at Twitter’s San Francisco headquarters on Thursday to talk about various issues related to working. He took over the social media giant about two weeks ago. Since taking control of Twitter in a $44 billion deal, the world’s richest man has dissolved top leadership – firing CEO Parag Agrawal and other top executives – laid off about 3,700 staff, and asked the remaining workers to return to office full-time. Musk overturned Twitter’s permanent work-from-home policy that was introduced about two years ago during the Covid-19 pandemic. Before the meeting on Thursday, Musk sent a company-wide email warning staff of tough times ahead and asked them to work 40 hours in the office. Musk also told employees to brace for 80-hour weeks. According to Bloomberg, he also told staff to expect fewer perks like free food.  During the meeting, Musk reportedly said, "A small number of exceptional people who are highly motiva...