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Twitter employees head for the exits after Elon Musk’ ‘extremely hardcore’ work ultimatum | CNN Business

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Twitter employees head for the exits after Elon Musk’ ‘extremely hardcore’ work ultimatum | CNN Business


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CNN Enterprise
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One other worker exodus seems to be underway at Twitter as many employees rejected Elon Musk’s ultimatum to work “extraordinarily hardcore,” selecting as a substitute to depart the corporate, in accordance with a number of present and former workers.

Because the deadline approached for Twitter workers to reply to Elon Musk’s ultimatum to decide to working in an “extraordinarily hardcore” vogue on the firm or depart, some workers appeared to publicly point out that they had chosen the latter possibility. On Thursday afternoon, Twitter staffers started posting the salute emoji, which has change into a sign that somebody is exiting the corporate. One Twitter worker stated in a tweet that deciding to affix the corporate was “one of many best choices ever made. Deciding to go away right this moment was 100% the alternative.”

In the meantime, an inside Slack channel on the firm was full of workers posting the salute emoji after the 5pm ET deadline, indicating that they had chosen to not signal Musk’s pledge and depart the corporate, workers advised CNN.

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Twitter’s remaining workforce had till 5 p.m. ET on Thursday to resolve whether or not they needed to be part of the tradition Musk needs to implement on the social media firm, or else successfully resign, in accordance with an e mail he despatched to employees Wednesday.

A former Twitter government who not too long ago exited the corporate described Thursday’s worker exits as a “mass exodus.”

Two Twitter workers advised CNN forward of the deadline on Thursday that they deliberate to reject the ultimatum, citing a poisonous work setting they are saying the billionaire has launched. One other Twitter worker advised CNN Wednesday they had been nonetheless weighing the choice, saying the e-mail from Musk “felt like a punch within the intestine as a result of regardless of the way you felt about wanting to remain or eager to go, you had been pressured to decide and really feel such as you’re up towards the time clock to make the most effective resolution for you and your loved ones.”

The worker added: “These choices are extra than simply 24 hours.”

Musk advised workers on Wednesday that his aim is to construct “Twitter 2.0” and that workers who select to remain will likely be required to decide to working “lengthy hours at excessive depth” and presumably agreeing to Musk’s demand for Twitter workers, who’ve been largely working remotely, to return to in-office work. As of noon Thursday, workers nonetheless didn’t have readability on which remote-work exceptions could be granted in the event that they resolve to remain, one worker stated.

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In a while Thursday, amid an obvious scramble by administration to keep away from dropping too many employees to the ultimatum, Musk despatched an e mail to employees trying to make clear his place on distant work, in accordance with textual content of the e-mail obtained by CNN from a Twitter worker who requested to not be recognized.

“Concerning distant work, all that’s required for approval is that your supervisor takes duty for guaranteeing that you’re making a wonderful contribution,” Musk stated within the e mail, including that employees could be anticipated to attend in-person conferences at least as soon as a month.

Twenty minutes later, Musk despatched a observe up e mail saying: “Liable to stating the plain, any supervisor who falsely claims that somebody reporting to them is doing wonderful work or {that a} given function is crucial, whether or not distant or not, will likely be exited from the corporate.”

The choice to situation an ultimatum got here after Musk earlier this month fired half of Twitter’s employees, decreasing its workforce to round 3,700 workers, and in addition reportedly reduce lots of Twitter’s contract employees. He additionally pushed out its high management and dissolved the board of administrators. Musk additionally not too long ago fired some workers for criticizing him in tweets or on inside Slack channels.

“I don’t need to stick round to construct a product that’s being poisoned from the in and out,” stated one of many workers who plans to reject the ultimatum, however requested anonymity to keep away from placing the severance in danger. “Everybody has a value to a sure diploma and this severance offers me some consolation into on the lookout for a greater setting in the timeframe regardless of the economic system.”

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That worker stated administration now seems to have grown involved in regards to the variety of individuals planning to depart and are “scrambling” to persuade expertise to remain. Twitter, which has reportedly eradicated most of its public relations workforce, didn’t instantly reply to a request for remark.

One other Twitter worker, who requested to not be quoted, shared related considerations and stated they deliberate to additionally exit the corporate.

A not too long ago laid off worker who stays in contact with former coworkers advised CNN that everybody that they had spoken to plans to reject Musk’s ultimatum and exit the corporate. “Individuals can’t overlook the general public mockery and firing of different workers,” the previous worker advised CNN. “In the identical vein, they’ll’t overlook or really feel comfy working for somebody who has dealt with the previous few weeks in the best way Elon has.”

“Individuals don’t need to sacrifice their psychological well being and household lives to make the richest man on the planet richer,” the previous worker added.

However the resolution will not be really easy for others. The ultimatum comes throughout a tough interval for the tech trade, following mass layoffs and hiring freeze bulletins at many main corporations together with Meta, Amazon, Lyft and others. Staff working in the USA from different international locations may additionally threat dropping their work visas in the event that they depart the corporate.

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A fourth worker advised CNN Thursday they plan to remain on the firm “as a result of change is never influenced from the surface.”

The shakeup more likely to come on account of the ultimatum would be the final factor of the “basic organizational restructuring” following Musk’s takeover, he advised a Delaware court docket Wednesday throughout a trial over his Tesla pay bundle.

Musk stated within the Wednesday e mail that the “new Twitter” will likely be “way more engineering-driven,” leaving some non-engineering employees questioning whether or not their jobs might be in danger even when they decide to remain.

“There’s no assurance on this, you’re identical to, ‘I would be capable of advocate for myself, I may not,’” the worker who expressed uncertainty in regards to the resolution stated. “What’s behind this door? You don’t know. The one door you realize that’s sure is the exit door.”

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US inflation falls to 3.4% in April

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US inflation falls to 3.4% in April

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US inflation fell to 3.4 per cent in April, in line with economists’ expectations, prompting investors to increase their bets on Federal Reserve interest rate cuts this year.

The consumer price data released by the US labour department on Wednesday compared with a 3.5 per cent annual rise in consumer prices in March.

Before the report, traders had bet on between one and two rate cuts this year, starting in November. But in its immediate aftermath, they priced in two full cuts by December, according to Bloomberg data.

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US bond yields dipped and stock futures also rose after the data release. 

The two-year Treasury yield, which moves with interest rate expectations, dropped to 4.71 per cent, its lowest level since early April.

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The figures come a day after Fed chair Jay Powell warned the central bank may have to maintain high interest rates for longer as it struggles to tame persistent inflation.

With less than six months to go before the US election, high inflation has hit President Joe Biden’s poll ratings on the economy.

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According to Wednesday’s figures, core consumer prices — which strip out volatile food and energy costs — rose by 3.6 per cent last month compared with last year. On a monthly basis, the core consumer price index rose by 0.3 per cent in April, compared with 0.4 per cent in March.

This is a developing story.

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Target scales back on its LGBTQ+ merchandise ahead of Pride Month 2024

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Target scales back on its LGBTQ+ merchandise ahead of Pride Month 2024

Target confirmed that it won’t be carrying its LGBTQ+ merchandise for Pride month this June in some stores after the discount retailer received backlash last year. Here, Pride month merchandise is displayed at a Target store in Nashville, Tenn, in May 2023.

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Target confirmed that it won’t be carrying its LGBTQ+ merchandise for Pride month this June in some stores after the discount retailer received backlash last year. Here, Pride month merchandise is displayed at a Target store in Nashville, Tenn, in May 2023.

George Walker IV/AP

Target says it will no longer sell its 2024 Pride Month collection in all of its stores following last year’s conservative backlash over its LGBTQ+-themed merchandise.

The retail giant said in a press release last week that it plans to offer its collection of products to celebrate Pride Month — including adult clothing and home decor — during the month of June both online and in “select stores,” depending on “historical sales performance.”

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In a statement to NPR, a spokesperson for the retailer says it is committed to supporting the LGBTQ+ community not only during Pride Month but year-round.

The retail giant says it will continue to offer benefits and resources for the community and its more than 400,000 employees, adding that the company will have a presence at local Pride events near its Minneapolis headquarters.

For years, Target has carried Pride-themed merchandise in its stores — including clothes, cups, champagne, accessories and even pet costumes.

But last year, the retailer faced heavy criticism after it announced plans to remove some of its Pride Month merchandise from store shelves following a backlash against the products — including threats to employees’ safety.

“Given these volatile circumstances, we are making adjustments to our plans, including removing items that have been at the center of the most significant confrontational behavior,” the retailer said in a previous statement addressing the backlash.

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At the time, when asked which items were removed and whether security was being increased at its stores, Target not respond to NPR’s inquiry.

Human Rights Campaign President Kelley Robinson said in a statement to NPR that Target’s decision to limit its Pride Month merchandise this year is “disappointing,” saying the move “alienates LGBTQ+ individuals and allies at the risk of not only their bottom line but also their values.”

“Pride merchandise means something. LGBTQ+ people are in every zip code in this country, and we aren’t going anywhere. With LGBTQ+ people making up 30% of Gen Z, companies need to understand that community members and allies want businesses that express full-hearted support for the community. That includes visible displays of allyship.”

News of Target’s scaled-back efforts for Pride Month comes as the FBI and the Department of Homeland Security issued a warning on Friday that foreign terrorist organizations may potentially target LGBTQ+ events and venues during Pride Month in June.

The joint statement does not discuss any specific threats or intelligence suggesting that a specific event, celebration or individuals are subject to being targeted.

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NPR’s Joe Hernandez contributed to this report.

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Joe Biden plans to send $1bn in new military aid to Israel

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Joe Biden plans to send $1bn in new military aid to Israel

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The Biden administration has told Congress it plans to send a $1bn package of military aid to Israel despite US opposition to the Israeli military’s plans for a full assault on Rafah, the city in southern Gaza.

The move by the White House comes after the US paused one shipment of 2,000-pound bombs to Israel over concerns about their use in densely populated areas of Gaza, which risks further increasing the Palestinian civilian death toll.

While that step marked the first time Biden had withheld weapons in an effort to restrain Israel’s military conduct since the war with Hamas began in October, the $1bn package in the works shows that Washington is not seeking to restrict its arms supply to Israel more broadly.

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The signal from the Biden administration that it wanted to proceed with the $1bn weapons package was conveyed this week, according to a congressional aide. It is expected to include mostly tank ammunition and tactical vehicles.

“We are continuing to send military assistance, and we will ensure that Israel receives the full amount provided in the supplemental,” Jake Sullivan, Biden’s national security adviser, told reporters on Monday, referring to $95bn foreign security aid bill for Ukraine, Israel and the Indo-Pacific enacted last month.

“Arms transfers are proceeding as scheduled,” another US official said on Tuesday.

The state department did not immediately respond to a request for comment.

The Wall Street Journal first reported the Biden administration’s plans for a new $1bn weapons transfer to Israel.

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Biden decided to freeze the transfer of some of its most lethal bombs as it sought to deter the Israel Defense Forces from a full assault on Rafah, the city in southern Gaza where more than 1mn Palestinians are estimated to be sheltering. The US is also seeking to finalise a temporary ceasefire deal and secure the release of hostages held by Hamas.

The state department last week warned that US-made weapons might have been used in the conflict in a way that violated humanitarian rights.

Israeli Prime Minister Benjamin Netanyahu reacted with defiance to Biden’s arms suspension, saying Israel would “stand alone” in the absence of support form the US, its closest ally.

While some Democrats were relieved to see Biden make more aggressive use of US leverage over Israel, the president also faced a backlash from lawmakers within his party who were upset about the move, including Jacky Rosen, the Nevada senator, and John Fetterman, the Pennsylvania senator.

Rosen said the US needed to provide Israel with “unconditional security assistance”.

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