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MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

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MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

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Now worth $200 million, Sarah Jessica Parker credits being ‘one of eight kids that struggled financially’ for her hunger, ambition, and work ethic

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Ikea’s billionaire founder was so frugal that he bought clothes from flea markets and took free salt and pepper from restaurants
TechElon Musk

Elon Musk lays out Twitter hiring plans after job interest skyrockets on the back of his takeover bid

By
Colin Lodewick
Colin Lodewick
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By
Colin Lodewick
Colin Lodewick
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May 6, 2022, 11:47 AM ET
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Current Twitter employees have shared concerns over potential culture changes at the company after Elon Musk moved to take it over. But by some metrics, job interest in the company has skyrocketed since the Tesla billionaire submitted his winning bid. 

It’s still unclear what employees can expect from the company’s new owner, who said this week that he would take on the role as interim CEO. But Musk himself weighed in on Friday with more details of his hiring vision, sharing Fortune’s previous reporting.

“If Twitter acquisition completes, company will be super focused on hardcore software engineering, design, infosec & server hardware,” he tweeted Friday morning.

If Twitter acquisition completes, company will be super focused on hardcore software engineering, design, infosec & server hardware https://t.co/m2HseK0TXl

— Elon Musk (@elonmusk) May 6, 2022

“I strongly believe that all managers in a technical area must be technically excellent. Managers in software must write great software or it’s like being a cavalry captain who can’t ride a horse!” Musk added in a follow-up tweet.

“Also, work ethic expectations would be extreme, but much less than I demand of myself,” Musk added on Saturday morning.

Fortune was not able to immediately reach Musk for further comment.  

Fortune reported on Thursday that a senior economist for Glassdoor, a job insights platform, shared that interest in job openings at Twitter were up 263% between April 24 and April 30. 

In a statement to Fortune, Zhao said that interest was defined by the average daily clicks on Twitter job postings, comparing the same number of clicks to a March baseline, before Musk made a bid for the company. 

“Say what you will about Elon, he does have a large fanbase of ppl excited to work for him,” Zhao tweeted on Thursday. “He’s much more likely to capitalize on that attraction as CEO than owner.”

In Monday SEC filing, Twitter itself worried about how the company would retain its current employees and recruit new ones, specifically highlighting how the uncertainty around the Musk buy could lead to staffing issues.

A consequence of the takeover could be Twitter’s “inability to attract and retain key personnel and recruit prospective employees, and the possibility that our current employees could be distracted, and their productivity decline as a result,” the company wrote in the filing.

May 7, 2022: This story was updated to reflect more tweets from Elon Musk.

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