Twitter Wastes Money and Shares Stocks in Crisis
Big Bosses in Twitter suddenly Durian Collapses, Why not! The Twitter CEO promised the bosses that the bonus money was in the range of 50 thousand to 200 thousand US dollars or the equivalent of Rp. 657 million to Rp. 2.6 trillion.
It is very tempting, but that does not mean the promised money is given for free. If they accept the gift, the lucky employees will have to stay on Twitter for the next year or so.
In addition to money, Twitter also promises some of its shares to employees who are always competent, we got this information from Business Insider.
However, until now there is still no detailed information about what percentage of shares that Twitter dares to allocate to convince its employees to be loyal to the company with the chirping bird logo. And there is also no information that mentions which employees will get the windfall.
The question is, why does twitter want to give money and shares for free – only with loyalty? as we know, lately twitter is experiencing a critical period. Its stock has fallen drastically since last year and touched its lowest figure since the Internet company conducted an IPO in 2013.
Until now, the highest share value was achieved in July 2015, which was 53.9 US dollars or equivalent to Rp. 703 thousand per share. Now, the value of Twitter shares has fallen to 17.66 US dollars, equivalent to Rp. 232,000 per share.
The step taken by the CEO, Jack Dorsey is to take care of the mainstay employees they have. Because during this time, Twitter continues to experience setbacks because many of its employees choose to leave for other companies or create their own startups.
The last names to cut ties with twitter are Twitter Editorial Director Karen Wickre and Twitter ad team leader Shariq Rizvi.
Overcoming the problem of leaving veteran employees, Twitter finally chose the tactic of keeping them by offering money and shares they could give away. Because most likely, if there are more employees who have played a major role in the development of Twitter, they choose to resign again, then Twitter’s existence will decrease.
However, Twitter itself has not confirmed the reasons for choosing to give Money and Shares to its employees. In addition to the reasons I explained, why do you think so?