Elon Musk '80 hours of work per week, no free food, no work from home': Elon Musk warns employees
San Francisco/IBNS: New boss Elon Musk in his first address to Twitter employees warned of bankruptcy if the company doesn't start generating more cash, media reports said.
The warning comes within two weeks of Musk taking over the company during which he has already fired half of Twitter's staff and ushered out most of the top executives.
In his first email to employees, he has already ordered the remaining ones to stop working from home.
On Thursday, he said remote work would no longer be allowed and employees will be expected to be in the office for at least 40 hours per week, subject to exceptions which he himself would approve.
Musk has also announced the price for the Twitter blue tick verification for $8.
He has also told workers in the email that he wants to see subscriptions account for half of Twitter's revenue.
In his address to staff, Musk issued multiple warnings including the fact that employees should brace for 80-hour work weeks.
"There will be fewer office perks like free food. If you don't want to come, resignation accepted," he said, according to a person familiar with the matter.
When he was asked about the prospect of attrition, Musk reportedly said, "We all need to be more hardcore."
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