Elon Musk's Twitter Buyout Triggers Spike in Interest in Job Vacancies at Platform by 263%

Elon Musk's purchase of Twitter caused trepidation among the platform's current workers, who feared their relaxed working style would be disrupted. However, this also fueled a 263% increase in job interest on Twitter.

After Elon Musk announced that he intends to buy Twitter, the biggest drama played out within the company. Employees got used to a measured work schedule, as they could work from home and had more days off. Of course, the measured pace of work relaxed them and they did not want to change their usual way of life. This was reflected in the way the social network works, which has faced an increase in the number of bots and fraudulent accounts, which created problems for real users. The share price has declined.

Musk is known for being able to build successful companies with the best products. But as with anything, this can only be achieved through hard and dedicated work. Probably not all Twitter employees were ready for such a change in work style—albeit for the success of the platform—so they were unhappy that Musk wanted to buy it. According to numerous publications, some employees even cried at company meetings. While frustrated, and some Twitter employees are looking for a possible way out, there has also been an increase in the number of people who are interested in becoming employees for the platform.

Daniel Zhao, a senior economist and data scientist at the job insights platform Glassdoor, said interest in jobs on Twitter rose 263% between April 24 and April 30, coinciding with the date Musk made his $43 billion takeover bid for purchase.

Some trivia: With the announcement of Elon Musk's Twitter acquisition offer being accepted, interest in Twitter jobs on Glassdoor rose 263 percent last week (4/24-4/30), compared to the March 2022 baseline.

— Daniel Zhao (@DanielBZhao) May 5, 2022

Zhao explained to Fortune that interest is driven by the average daily clicks on job ads on Twitter on Glassdoor, compared to the average daily clicks on jobs in March 2022 before the announcement of Musk's plans for the company. Obviously, not all clicks correlate with actual job applications submitted, however they clearly indicate an increase in interest in working at the social networking team.

“Say what you will about Elon, he does have a large fanbase of ppl excited to work for him,” Zhao tweeted. “He's much more likely to capitalize on that attraction as CEO than owner.”

Musk wrote that if the deal to buy Twitter is completed, the platform will have maximum focus on “hardcore software engineering, design, infosec & server hardware.” He also explained that all managers in the technical field must be “technically excellent” or they do not belong there.

I strongly believe that all managers in a technical area must be technically excellent.

Managers in software must write great software or it’s like being a cavalry captain who can’t ride a horse!

— Elon Musk (@elonmusk) May 6, 2022

© 2022, Eva Fox | Tesmanian. All rights reserved.

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