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Elon Musk has asked X employees to submit a one-page summary of their achievements to qualify for stock grants.
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The move comes amid company uncertainty, including delayed promotions, potential layoffs, and undistributed annual equity refreshers.
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Employees are anxious about their roles and compensation under Musk’s leadership.
Elon Musk, the leader of X (formerly Twitter), has requested employees to submit a one-page summary showcasing their accomplishments to be eligible for stock grants. This move aims to award stock options based on the anticipated impact of each employee’s contributions to the company.
The request comes at a time of heightened anxiety within X. The company has delayed promotions without explanation, leaving employees uncertain about their roles. Moreover, potential layoffs loom, adding to the tense atmosphere. To make matters worse, the annual equity refresher, promised by Musk, has yet to be distributed.
Musk’s leadership has sparked concerns among employees, who are worried about their compensation and job security. The undistributed equity refresher, initially promised to be issued in April, has further fueled the uncertainty. As X navigates these challenges, employees await clarity on their roles and compensation under Musk’s leadership.
