Elon Musk, the world’s richest person, is planning to reward employees of his social media company X with company shares. However, not all employees are guaranteed to receive these shares. To qualify for the reward, employees must complete a specific task.

Task for Employees:
According to a report from The Verge, Musk has instructed all X employees to write a one-page explanation on why they should be given company shares. They need to detail their contributions and achievements that have helped the company progress. The company will decide who receives shares based on these submissions.

Uncertainty and Possible Layoffs:
This move comes at a time of uncertainty for X employees. There has been a delay in the promotion process, and the reasons for this delay have not been explained. Additionally, there is concern about potential layoffs within the company.

Changes Under Musk’s Leadership:
X, previously known as Twitter, has undergone significant changes since Musk’s acquisition. The company was delisted from the stock market and rebranded as X. Under Musk’s leadership, the company has introduced several new features, such as monetization and video content on the platform.

Previous Layoffs:
Since Musk’s takeover, X has already conducted large-scale layoffs. Despite various changes and innovations, the company continues to face financial struggles.