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Twitter confirms that the lawsuit with Musk led to the departure of a large number of employees: 18.3% turnover rate

2025-04-04 Update From: SLTechnology News&Howtos shulou NAV: SLTechnology News&Howtos > IT Information >

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Shulou(Shulou.com)11/24 Report--

Twitter said today that more and more employees are leaving because of a series of challenges, including the lawsuit against Tesla CEO Elon Musk (Elon Musk) and the revelation of "whistleblower" Petzatko (Peiter Zatko).

Twitter executives told employees at a company meeting on Wednesday that Twitter's current turnover rate is 18.3%. By contrast, before Musk proposed to buy Twitter for $44 billion, Twitter's turnover rate hovered between 14% and 16%, roughly in line with competitors' turnover rates.

In fact, a number of Twitter insiders said last week that a large number of Twitter employees had recently left because they were tired of this stagnant farce as a result of Musk's abandonment of the Twitter acquisition.

"I am mentally exhausted," said one current employee who is seeking to leave Twitter. Another employee said that the poor communication between employees and Twitter on the "acquisition" resulted in many employees actually losing respect for the company's leadership.

To make matters worse, Peiter Zatko, the former security director of Twitter, revealed on Tuesday that Twitter executives did not have enough resources to fully understand the true number of robot accounts on its platform. This means that Twitter has no idea of the true number of robot accounts on its platform, which is the focus of the legal battle between Twitter and Musk.

Zatko also said that Twitter CEO Palag Agrawal (Parag Agrawal) also concealed the relevant facts from Musk. Some analysts believe that this may affect the lawsuit between Twitter and Musk.

It was the day after Zatko's revelation that Twitter held the full meeting. At the meeting, Agrawal reassured employees that Zatko's allegations were "fundamentally, technically and historically inaccurate".

Sean Sean Edgett, general counsel of Twitter, said Twitter had contacted regulators around the world before the news came out. "We have never made material misrepresentations to regulators, our boards and all of you," Eichter said. "

During the meeting, Twitter employees raised questions about whether Twitter would hire or promote more junior employees and how Twitter would achieve its growth goals in the event of an exodus. Agrawal replied: "the only way we can achieve these goals is to focus our attention on fewer things and match the number of employees."

In response to Zatko's revelations, the U.S. Senate Judiciary Committee will hold a hearing with Zatko on Sept. 13 to discuss potential Twitter misleading regulators. Coincidentally, on the same day, Twitter shareholders will also vote on whether to approve the Musk acquisition.

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