X Company, formerly known as Twitter, is currently facing internal challenges regarding performance reviews. The promotions process has been delayed without explanation, and the sales team is not expecting to meet revenue targets for the quarter. There is a sense of unease among employees as they anticipate potential layoffs under Elon Musk’s ownership.
The Boring Company CEO, Steve Davis, has been reviewing finances at X’s headquarters in San Francisco. Described as the “grim reaper who only shows up for bad things,” Davis’s presence signals a potentially troubling situation within the company. Recent layoffs and the departure of key executives have added to the sense of uncertainty among employees.
During an all-hands meeting led by X CEO Linda Yaccarino, employees were anxious to hear about the company’s future plans. Yaccarino highlighted upcoming live events on the platform, such as the Super Bowl and March Madness, and encouraged discussions about Musk’s x.AI chatbot Grok with advertisers. However, the meeting lacked substantial answers regarding HR issues, promotions, raises, and equity concerns raised by employees.
X’s head of HR, Walter Gilbert, announced plans to implement a broader and more robust promotion process that includes lighter-weight check-ins throughout the year. Despite this announcement, many employees remain skeptical about the transparency and fairness of the process. Musk’s noticeable absence from the meeting raised questions about his involvement in the company’s decision-making processes.
While Musk was absent from the meeting, several other directors, including Monique Pintarelli, Nick Pickles, Kylie McRoberts, and Haofei Wang, joined the discussion. Their presence suggests a unified effort to address the challenges facing the company and improve communication with employees. However, the lack of concrete solutions presented during the meeting left many employees feeling uncertain about X’s future direction.
X Company is currently navigating through uncertain times, marked by internal challenges, delays in promotions, and potential layoffs. The lack of transparency and clear communication regarding performance reviews and promotion processes have raised concerns among employees about the company’s future stability. It remains to be seen how X will address these challenges and regain the trust and confidence of its workforce.