Copycat founders mimicking Musk in sacking employees: Ashneer

Musk has fired almost half of Twitter employees, apart from sacking thousands of contractual workers.

New Delhi: Former BharatPe Founder Ashneer Grover has joined the heated Elon Musk-Twitter takeover drama, saying copycat founders are now copying his ways to lay off employees.

Musk has fired almost half of Twitter employees, apart from sacking thousands of contractual workers.

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More than 1,200 employees have resigned on their own owing to the fear of working in an “extremely hardcore” work environment, bringing the once 7,800-strong Twitter workforce to less than 3,000 workers as of now.

“First @elonmusk took over company, fired incompetent mgmt and then did layoffs in a bloated organisation,” Grover said in a tweet.

“Most copy cat Founders are skipping the first hard part (of firing themselves or getting bought over) and conveniently copying layoffs. What works in M&A just does not otherwise,” Grover added.

Former BharatPe Founder and CEO Grover has written his memoir called ‘Doglapan (double standards) – the Hard Truth about Life and Start-ups’ which is available for pre-orders and will be available next month.

Billed as an “unfettered story of Ashneer Grover – the favourite and misunderstood poster boy of Startup India”, the memoir is being called a “raw, gut-wrenching in its honesty and completely from the heart, storytelling at its finest”.