Elon Musk, the CEO of Twitter, has implemented a new tweak to the company’s parental leave policy. According to internal papers reviewed by the New York Times, he has slashed parental leave for his staff from 20 weeks to 14 days.
The employees’ two weeks of paid leave will be supplemented to fulfil the minimal criteria of the region where they operate. This means that in most areas where paid leave is not mandated by law, new mothers and fathers would be limited to two weeks of absence.
The decision has drawn criticism from a variety of sources, including a nonprofit organisation campaigning for paid leave, former employees and Twitter users.
Dawn Huckelbridge, founding director of ‘Paid Leave for All,’ according to the Daily Mail, remarked, “Paid leave is a proven boost to business and bottom lines, and a lifeline to working families. However, this decision demonstrates that we cannot rely on the private sector to solve this problem; we require a federal programme to ensure paid leave for all working people.”
The company, which Musk purchased for USD 44 billion last year, has not only let off half of its employees but also set various new restrictions to minimise costs.