Slides from a Twitter company talk leaked online, showing Twitter is hiring again, as the social media platform is having tremendous success increasing its traffic.
Following the massive cost cutting and downsizing which occurred immediately after Tesla CEO Elon Musk took over the platform, the company slides began with the phrase, “We’re recruiting.” No details were given, and it is unclear when Musk gave the talk.
Other slides showed hate-speech impressions were declining and impersonations have diminished, quoting mid-November data.
New user signups were shown to be a new record, averaging over 2 million new accounts per day for the week leading up to November 16th. The slides also showed Musk has projected a path which could see the social media site have over 1 billion monthly users in just 12 to 18 months.
Musk also announced the paid verified service will restart Friday, following its suspension due to the proliferation of impersonation accounts. It is Musk’s first attempt to monetize the platform, as he democratizes the hierarchy of users.
However one CEO says Musk will still need a cadre of highly trusted recruits, if he is to succeed going forward.
Bill George, former Medtronic CEO turned leadership expert, said in an interview, that Musk, “needs a team around him. He’s not starting something new. This is an ongoing enterprise. Millions of people are posting every minute on that site. So I think he’s got a tiger by the tail. He’s a brilliant guy, but I think he’s going to need help. And I would like to see him bring in a CEO because I’m worried about Tesla too.”
Tesla stock has collapsed by 18% over the last month, as Musk has become embroiled in controversy after controversy online. Musk has been sparring on Twitter with celebrities who disagree with his leadership of the social media platform, as he has seen some declare they are leaving the platform, and others call for a boycott of Tesla.
George warned, “I think he’s got to get back and worry about Tesla. Tesla has enormous potential, but I think he’s got to go and worry about that. He’s spending all his time, obviously, on Twitter, and I don’t know if it’s going to produce dividends. But it could cost a lot more on the other side.”
