14 Jun 2022

Elon Musk to address Twitter employees for first time since launching takeover bid

2:59 pm on 14 June 2022

Elon Musk will speak to Twitter Inc employees this week for the first time at a company-wide meeting since launching his $US44 billion ($NZ70b) takeover bid in April, according to a source citing an email from Twitter chief executive Parag Agrawal to staff.

(FILES) In this file illustration photo taken on April 14, 2022 a phone screen displays the Twitter account of Elon Musk with a photo of him shown in the background, in Washington, DC. - Tesla boss Elon Musk's road to turning Twitter into a money-making platform where anyone can say anything looks to experts like a tough one. Musk's $44-billion deal to buy the global messaging platform must still get the backing of shareholders and regulators. (Photo by Olivier DOULIERY / AFP)

Elon Musk. Photo: AFP

The meeting is scheduled for Thursday, and Musk will take questions directly from Twitter employees, the source added.

The news, first reported by Business Insider, comes after Twitter said last week that it anticipated a shareholder vote on the sale by early August.

A Twitter spokesperson confirmed that Musk would attend the company all-hands meeting this week.

Ever since Musk's takeover bid, many Twitter employees have expressed concerns that the billionaire's erratic behavior could destabilize the social media company's business, and hurt it financially.

Back in April, Agrawal was seen quelling employee anger during a company-wide meeting where staff demanded answers to how managers planned to handle an anticipated mass exodus prompted by Musk.

Last week, Musk warned Twitter that he might walk away from his deal to acquire the company, if it failed to provide the data on spam and fake accounts that he seeks.

- Reuters

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