Ban on Twitter’s staff work from Home, Elon Musk warns a difficult phase

Elon Musk, the new owner of the micro -blogging site Twitter, has banned the work from his workers’ work from home or remote location. He has also advised the workers to be ready for a difficult period. Musk said that there is no way to ignore the position of the economy and how it will affect a company like Twitter depending on advertisements.

According to Bloomberg Information, Musk informed Twitter staff about new rules in his first email. Under these rules, the staff will have to stay in the office at least 40 hours a week. After takingover to Twitter last week, Musk trimmed about half of the company’s staff. Apart from this, he has increased the price of Twitter Blue subscription to eight dollars and user verification has been added to it. Musk said that he wanted to see half of the subscription in the company’s revenue.

Earlier, there was a system to work permanently for Twitter workers. The company started the work with a remote location during the epidemic. Musk said that he is against such a system and will be allowed on the basis of each case. Musk has said in email that the road ahead is difficult and hard work will be needed to get success.

Electric car maker Tesla’s Chief Executive Officer Musk has sold at least $ 3.95 billion shares of Tesla a few days after purchasing Twitter. He said in August that he would sell Tesla’s shares only when he was forced to buy Twitter. The regulatory filing conducted by the company states that Musk has sold around 1.95 crore shares. However, it has not been informed whether it was already planned for this. Musk, who bought Twitter for about $ 44 billion, has taken a loan of about $ 13 billion from US banks for this. Apart from this, some high net worth investors have promised to invest about seven billion dollars in the company.