Elon Musk’s Wave Evident in Twitter Offices Closure, Resignation, and Users’ Fleeing to Decentralized Platforms
The devotion by Elon Musk to streamlining Twitter operations has brought conceivable developments since acquiring the micro-blogging platform in late October. A notable occurrence has been the departure of Twitter staff and office closures.
Exit from Twitter arises from the emailed ultimatum from Musk rallying the staff to devote themselves to working long hours and high-intensity workplace. Earlier this week, the email asked staff members uncertain of their commitment to the new work environment to exit the company by Thursday, November 17.
Employees Exit Twitter
Many Twitter staff have opted for the second option, which features three-month severance compensation. The exit that runs into hundreds has warranted temporary office closures for employees.
Similarly, Twitter declared to resume badge access on November 21, when the temporary suspension ends. Musk-led changes have featured the directive for nondisclosure of confidential company information via press and social media.
In a poll conducted via the workplace application – Blind, 42% of the 180 participants considered exiting. A separate poll yielded matching results where half of the staff desired to quit Twitter.
Users Embrace Decentralized Social Network
Employees fleeing Musk’s initiative extends to users swapping Twitter for decentralized social space. The resulting rubble has seen Mastodon benefit with a registration surge. The uptake of Mastodon by users fleeing Twitter is for its decentralized social network that features independently operated servers, though interconnected, run on the open source software.
The preference for Mastodon saw its membership increase by a million on November 12. Coincidentally, Twitter lost a comparable number of users since its acquisition by Elon.
Decentralized Social Network Threat
Users are spoilt for choice as they can join Bluesky Social, started by former Twitter chief – Jack Dorsey. The decentralized network enables users to exercise self-custody on data. Besides incorporating portable user accounts, Bluesky Social utilizes open-market algorithms.
Dorsey desires to attract users from centralized Web2 social media into the Bitcoin-powered platform shielded from spam and scam. Besides, he turned down the offer by Elon Musk to head twitter.
Musk rues the current tribulations experienced in running social media networks following the employee exodus. Nevertheless, Musk was upbeat about retaining the best talents through a tweet responding to Dave Portnoy of Barstool Sports inquiry.
Editorial credit: kovop58 / shutterstock.com
At Tokenhell, we help over 5,000 crypto companies amplify their content reach—and you can join them! For inquiries, reach out to us at info@tokenhell.com. Please remember, cryptocurrencies are highly volatile assets. Always conduct thorough research before making any investment decisions. Some content on this website, including posts under Crypto Cable, Sponsored Articles, and Press Releases, is provided by guest contributors or paid sponsors. The views expressed in these posts do not necessarily represent the opinions of Tokenhell. We are not responsible for the accuracy, quality, or reliability of any third-party content, advertisements, products, or banners featured on this site. For more details, please review our full terms and conditions / disclaimer.
