Elon Musk Refuses , to Pay Former Twitter , Execs' Travel Expenses.
On November 22, 'The New York Times' reported
that Elon Musk has declined to pay travel invoices
submitted by Twitter executives prior to his takeover.
On November 22, 'The New York Times' reported
that Elon Musk has declined to pay travel invoices
submitted by Twitter executives prior to his takeover.
According to current and former staff, former
Twitter executives had racked up hundreds of thousands
of dollars in travel invoices prior to the October acquisition.
Since taking over, Musk has allegedly refused
to pay these bills despite the fact that they
were authorized by previous management. .
The 'NYT' article claims that Musk's
staff appears to have been avoiding calls
from travel vendors looking to collect. .
Business Insider reports that Twitter has since created new
guidelines for work-related travel which was relayed to
employees through a company email on November 21. .
Business Insider reports that Twitter has since created new
guidelines for work-related travel which was relayed to
employees through a company email on November 21. .
According to the email, travel must be for
"business-critical purposes" and have manager
approval before arrangements are made.
Moving forward, Twitter's managers can spend
$500 on a work-related trip, while a director can spend $5,000, a vice president can rack up $10,000
in expenses and "CEO staff" can drop $20,000.
Moving forward, Twitter's managers can spend
$500 on a work-related trip, while a director can spend $5,000, a vice president can rack up $10,000
in expenses and "CEO staff" can drop $20,000.
The email also listed a number of other
ways that Twitter would be cutting costs
and switching to a "partially paid model.".
A number of perks were "discontinued," including home
Wi-Fi, wellness, quarterly team activities and free lunches,
which Musk said cost over $400 per meal in 2022.
According to the email, Twitter is buckling down amid, "a challenging economic climate where greater
attention to cost management is essential.".
According to the email, Twitter is buckling down amid, "a challenging economic climate where greater
attention to cost management is essential."
