Job application at Twitter up 250% since Elon Musk spent Ksh.5 trillion to buy platform
More people have shown interest to work at Twitter after Elon Musk spent a whooping Ksh.5 trillion to purchase the social network platform in April.
According to Fortune, people who have shown interest to work at Twitter grew by 263 percent since the parches deal was sealed on April 25, 2022.
“Though clicks do not necessarily correlate to actual job applications submitted, and likely reflect current media attention, the increase shows that people appear to be interested not just in the media story, but in work available at the company,” reported Fortune.
On Thursday last week, Daniel Zhao, a senior economist and data scientist at the job insights platform Glassdoor, tweeted that interest in job openings at the social media giant was up 263 percent between April 24 and April 30.
“Say what you will about Elon, he does have a large fanbase of ppl excited to work for him,” Zhao tweeted. “He’s much more likely to capitalize on that attraction as CEO than owner.”
On Friday, Musk shared some of his own thoughts about hiring at Twitter.
“If Twitter acquisition completes, company will be super focused on hardcore software engineering, design, infosec & server hardware. 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!” said Musk.
However, Must-Twitter takeover does not sit well with current employees.
Some current Twitter staff worry that it will dramatically change the company’s culture, and overall direction.
“It’s still unclear how a Musk-run Twitter might impact the company’s ability to retain current staff and recruit new employees,” reads Fortune.
Twitter said that Musk’s takeover might cost the company advertisers, staff, and users regardless of the outcome of the takeover if it reaches a final conclusion or if it somehow fails along the way.
“The announcement and pendency of our agreement to be acquired by affiliates of Elon Musk may have an adverse effect on our business results, and a failure to complete the merger could have a material and adverse effect on our business, results of operation, financial condition, cash flows, and stock price,” the company wrote in a statement last week Monday.
The number of Twitter employees has surged from 4900 in 2019 to 7500 on 2021 according to Statista.com