At an internal all-hands meeting hosted by X CEO Linda Yaccarino on Wednesday, worried employees tuned in to hear whether she would address the burning issue on their minds: performance reviews.
Sources within the company confirmed that the promotional process was recently delayed without explanation, and that X’s sales team did not expect to meet revenue targets for the season. Employees have been bracing for more layoffs as the company formerly known as Twitter continues to struggle under Elon Musk.
One of Musk’s top lieutenants, The Boring Company CEO Steve Davis, has spent the past few weeks reviewing X headquarters in San Francisco, according to multiple employees who spoke on condition of anonymity without company permission. financial status. As one of them described Davis: “He was the Grim Reaper who only did bad things.”
X’s sources told edge A handful of people have been fired in recent days. Many noted the sudden departure of Yacarino’s right-hand man, Joe Benaloch. So when a rare all-hands meeting with her appeared on employee calendars last week, X’s roughly 1,500 remaining employees waited anxiously to learn more.
The meeting began with a montage of viral tweets, including one from notorious GameStop trader Keith Gill, before Yacarino joined from the X conference room called “eXtraordinary.” She sought to drum up excitement for live events on the platform, such as the Super Bowl and March Madness, and urged employees to talk to advertisers about Musk’s x.AI chatbot Grok. She also emphasized that X’s attention to the film “will definitely drive advertising,” without elaborating.
As the meeting continued, X’s head of human resources, Walter Gilbert, told employees that X planned to implement a broader, more robust promotion process that would include “lighter check-ins throughout the year.” One source who watched the meeting quipped that most of the issues submitted by employees were “definitely about HR, promotions, raises/equity” and were not addressed.
Although Musk was in San Francisco with Yacarino, he was noticeably absent. Instead, several other directors have joined: Monique Pintarelli, head of advertising for the Americas; Nick Pickles, head of policy; and Kelly McRoberts, the company’s newest head of trust and safety. Kylie McRoberts) and engineering director Haofei Wang.
While Yaccarino did not reveal specific numbers about the performance of the advertising business, Pintarelli told employees that Quite a transformation.” Over the past few years. “
While this all-hands meeting may not have given X employees a lot of answers, Yaccarino did stress that the company will do so on a quarterly basis, adding that the team “will be hearing from Elon and me soon.”
Alex Heath contributed reporting.
