The recent all-hands meeting at X, led by CEO Linda Yaccarino, has left employees concerned and speculating about the future of the company. With issues surrounding performance reviews, promotions delays, revenue targets, and potential layoffs, the atmosphere at X headquarters in San Francisco is tense.
Employees at X are worried about the uncertainty surrounding the promotions process, as it has been delayed without any explanation. Furthermore, the sales team is not expecting to meet its revenue targets for the quarter, adding to the apprehension among staff members. The company’s struggles under Elon Musk’s ownership have only heightened fears of potential layoffs, especially with key figures like Steve Davis, known as the “grim reaper,” reviewing finances at the headquarters.
Reports of recent layoffs at X have further fueled anxiety among employees. The departure of Joe Benarroch, who was a close associate of Yaccarino, has raised questions about the stability of the leadership team. The suddenness of these layoffs has left many employees on edge, waiting for more information during all-hands meetings.
Meeting Highlights
During the recent meeting, Yaccarino attempted to boost morale by highlighting upcoming live events on the platform, such as the Super Bowl and March Madness. She also encouraged discussions about Musk’s x.AI chatbot Grok with advertisers and emphasized the company’s focus on video content driving advertising. However, the lack of specific details left many employees frustrated and seeking clarity on issues related to HR, promotions, raises, and equity.
Interestingly, Elon Musk was noticeably absent from the meeting, despite being in San Francisco at the same time as Yaccarino. Other directors, including Monique Pintarelli, Nick Pickles, Kylie McRoberts, and Haofei Wang, were present but the absence of Musk raised questions about his involvement in company decisions.
Overall, the all-hands meeting at X has raised more questions than answers, leaving employees concerned about the future of the company. With issues like promotions delays, revenue targets, layoffs, and the absence of key leadership figures, the atmosphere at X headquarters remains uncertain. Employees are seeking more transparency and clarity from the company’s leadership to address their concerns and alleviate fears about the company’s future.
Leave a Reply