4 months ago 2 min read

Despite the Ongoing "RIP Twitter" Trend, CZ Supports Elon Musk


The trend #RIPTwitter emerged after the recent ultimatum made by the Twitter CEO to choose between working intensive, incredibly rigorous, long hours or losing their jobs. On Friday, Binance CEO Changpeng Zao (CZ) spoke out in support of Twitter CEO Elon Musk.

The CEO of Binance has emphasized the significance of FUD (fear, uncertainty, and doubt) in the Twitter environment. The head of Binance said:

Billy Markus, the developer of Doge, pokes fun at Twitter in a post titled "RIP Twitter," comparing its fate to that of Google Plus. In a recent tweet thread, Markus also makes fun of Twitter employees, claiming that they intend to leave with their money rather than working long hours to salvage a "dying company" (Twitter).

Following an instruction from the new owner Elon Musk, hundreds of Twitter staff departed the company, flooding Twitter with passionate remarks. The hashtag #RIPTwitter started to trend on Twitter as people questioned whether the service will be discontinued. Some users circulated memes depicting gravestones bearing the inscription "Mr. Others made light of the fact that there was only one person left, joking that Musk "killed the service." Some users reported switching to other social media websites.

Elon Musk Reveals His Position on How Employees Should be Paid

On Wednesday, Mr. Musk gave the remaining Twitter staff less than 36 hours to decide whether to quit or dedicate themselves to creating "a breakthrough Twitter 2.0," with the caveat that those who chose to do so would receive three months' severance pay.

According to the NY Times, four persons with knowledge of the conversations said that Mr. Musk and his advisers spoke with those Twitter employees they considered "essential" in order to prevent them from leaving. He seemed to modify his stance on not allowing workers to work from home before alerting their managers, sending conflicting messages regarding the company's remote work policy.

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