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Employees at Elon Musk’s X have to cope with an “extremely tough” work environment.
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Now, according to The Verge, they are being told that they must justify their contribution to the company in order to receive their stock options.
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Since Musk took over as CEO of X in 2022, employees have had to get used to late-night meetings and sleeping in the office.
When Elon Musk took over Twitter in 2022, he told the company’s employees that they would have to work “extremely hard” to build Twitter 2.0.
Now he is allegedly demanding an explanation from them as to why they should receive their stock options.
In an email to employees reported by The Verge, Musk reportedly said the company would reward stock options based on employee performance and that employees would have to submit a one-page summary of their contributions to X to receive them.
A source also told The Verge that employees are still waiting for their annual equity refresh, which is expected in April.
This happened almost two years after Musk gave the company’s employees a famous ultimatum.
In a late-night email, the billionaire told his employees that they would have to work “long hours at high intensity” and “extremely hard” and that anyone who was not prepared to do that should quit.
About half of the companies chose the second option, and the rest saw Musk keep his word.
Former employees who worked at X under the Tesla CEO have spoken of being forced to sleep in the office to meet “impossible” deadlines. Musk has also shared images on X of engineers working late into the night.
Other employees reportedly joked that they would have to monitor their heart rate spikes on their Apple Watches during the launch of Musk’s paid subscription service “X.”
X now plans to move its headquarters to Texas and close its San Francisco office, but X CEO Linda Yaccarino told employees that the company will continue to have a presence in the Bay Area through shared space with xAI in Palo Alto.
Former Uber and Skype engineer Gergely Orosz described X as “the definition of a ruthless workplace” in a post on the site.
“Demand the people who work there to perform at their best by setting higher expectations for them than most (all?) other tech companies… but STILL make those people prove they deserve market-rate compensation. Just wow,” he wrote in response to The Verge’s report.
X did not respond to a request for comment sent outside normal business hours.
Read the original article on Business Insider
