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Fortune
Fortune
Steve Mollman

Elon Musk gives Twitter employees details on ‘very significant’ stock awards after relentless layoffs, cost-cutting: Report

Twitter CEO Elon Musk (Credit: Marlena Sloss—Bloomberg via Getty Images)

Twitter employees might have left the office Friday feeling particularly demoralized. Last month, after yet another round of layoffs, CEO Elon Musk indicated he’d share information about “very significant stock and other compensation awards, based on performance” on March 24. 

Employees received no such information by the end of the workday. “People are not happy, to say the least,” tweeted Platformer journalist Zoë Schiffer, who tracks the company closely. 

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