Changpeng Zao (CZ), Binance CEO, speaks out in support for Twitter CEO Elon Musk. The trend #RIPTwitter emerged after the Twitter CEO gave an ultimatum to employees that they had to choose between long hours, intense work, or losing their jobs. Binance CEO
CoinGape’s first post, “RIP Twitter: CZ Backs Elon Musk”, appeared first on CoinGape.
Friday’s statement by Changpeng Zao (CZ), Binance CEO, was in support of Elon Musk, Twitter CEO. The trend #RIPTwitter emerged after the Twitter CEO gave them an ultimatum to choose between long hours, intense work, or losing their jobs.
Binance CEO supports Elon Musk
Binance’s CEO recently highlighted the importance FUD (fear uncertainty and doubt) in the context Twitter. Binance’s top employee stated, “The more successful people are, the more people fear you.” FUD makes you stronger and not weaker.
Doge creator Billy Markus, who is discussing the same trend, “RIP Twitter”, takes a dig at Twitter and compares it with the demise of Google Plus. Markus also took a dig at Twitter employees in a recent tweet thread. He said that company employees would rather run with money than work long hours to save a dying company (Twitter).
Twitter was overwhelmed with messages from hundreds Twitter employees who quit the company after Elon Musk’s executive order. Users began to wonder if the service would be closed down. The hashtag #RIPTwitter became a trending topic on Twitter. People shared memes that featured gravestones with the epitaph, “Mr. Musk killed the service, while others joked about the one remaining employee. Some users claimed that they were moving to other social media platforms.
Elon Musk reveals his stance on employee work
On Wednesday, Mr. Musk gave Twitter’s remaining employees just 36 hours to choose whether to leave or to commit to building “a breakthrough Twitter 2.0.” He said that those who departed would receive three months of severance.
According to the NY Times report, Mr. Musk and his advisors met with some Twitter workers they considered “critical” to prevent them leaving, according to four people who were privy of the conversations. He sent confusing messages about the company’s remote work policy. This appeared to soften his stance against allowing employees to work from home, before notifying their managers.
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