"End Of Season One": How Twitter Staff Reacted To Elon Musk's Pull-out
NDTV
Twitter's chairman said the board planned to pursue legal action against Elon Musk to enforce the $44 billion deal.
Twitter Inc employees expressed disbelief and exhaustion on Friday after billionaire entrepreneur Elon Musk said he was terminating a deal to buy the social media company in what could be the start of months of legal wrangling.
Musk said Twitter breached multiple provisions of a $44 billion merger agreement struck in April, including by failing to turn over sufficient data on spam accounts and letting go of some executives and recruiters. Twitter's chairman said the board planned to pursue legal action to enforce the deal.
Engineers, marketing leaders and other staff at the company quickly took to Twitter to publicly post memes, such as of a rollercoaster ride and a baby screaming into a phone, in apparent commentary on the latest development in Musk's courtship of Twitter since January. Others joked about the impossibility of breaking their own personal commitments.
Employees have expressed widespread concern about Musk taking over Twitter because of his preferences for cutting headcount and other costs, decreasing content moderation and limiting remote work.
