Share this article:

Employee activism | Elon Musk's Twitter takeover sparks fears of disgruntled staff 'going rogue'

Elon Musk's Twitter takeover sparks fears of disgruntled staff 'going rogue'

Twitter is reportedly blocking any changes or updates to the platform amid fears that some staff, left disgruntled by Elon Musk’s takeover deal, could ‘go rogue’ and sabotage operations.

As first reported by Bloomberg, the social media giant appears to be taking drastic steps to offset the risk of activist employees expressing their discontent, after the board approved Musk’s $44billion (approx. £35billion) takeover bid.

Over the course of the last few weeks, Musk became one of the company’s biggest shareholders, and was offered a place on the board, which he rejected. Although Twitter initially tried to hamper his ability to gain a substantial shareholding with its ‘poison pill’ discounting of the shares in order to prevent any shareholder amassing a stake of more than 15%, negotiations were reopened after Musk revealed a $46.5billion financing deal.

The firm has now blocked routine changes such as product updates for several days, with alterations only possible if they’re identified as “business critical” and approved by an executive with a vice president title or higher.

Continue reading for FREE!

Sign up for a myGrapevine account to get:

  • Unlimited access to News content
  • The latest Features, Columns & Opinions
  • A full range of specialist HR newsletters to choose from

Welcome Back

Sign up for myGrapevine

* By creating an account you agree that you have read and agree to our Terms and Conditions and that Executive Grapevine International Ltd and its partners may contact you regarding relevant content and products. You will also be added to the HR Grapevine newsletter mailing list.

Sign up to our daily newsletter

Have content like this delivered directly to your inbox.


Recommended

HR worker was 'set up to fail' after being made to do payroll from a 'cupboard'
HR Grapevine
HR Grapevine | Executive Grapevine International Ltd
  • News

ADHD | HR worker was 'set up to fail' after being made to do payroll from a 'cupboard'

How Virgin Media O2 is supporting student employees
HR Grapevine
HR Grapevine | Executive Grapevine International Ltd
  • Feature

'Earning, learning' | How Virgin Media O2 is supporting student employees

CPO, Logitech: How we embed wellbeing & career mobility to fuel engagement
HR Grapevine
HR Grapevine | Executive Grapevine International Ltd
  • Podcast
  • 22:08

Podcast | CPO, Logitech: How we embed wellbeing & career mobility to fuel engagement

Deep Work, Healthy Minds: Redefining Productivity in the Age of AI
HR Grapevine
HR Grapevine | Executive Grapevine International Ltd
  • Webinar
  • Register Now

Deep Work, Healthy Minds: Redefining Productivity in the Age of AI

Get Employee Rights Act-Ready: Your Practical Guide to the Changes Ahead
HR Grapevine
HR Grapevine | Executive Grapevine International Ltd
  • Resource
  • Download Guide

Get Employee Rights Act-Ready: Your Practical Guide to the Changes Ahead