Keeping with his "extremely hardcore" theme, as per reports, Elon Musk has now set up conference rooms turned bedrooms for employees at the company's headquarters in San Francisco.

It's been a month since Elon Musk took over Twitter as the Chief twit, and in this short span of time, he has fired 7,500 employees, axed executives and engineers who spoke up against his ideas and issued an ultimatum to the remaining employees: work "extremely hardcore" or leave.&nbsp;

Watch |&nbsp;The Twitter Files: Independent journalist Matt Taibbi makes the revelation

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In the latest "shock" to them, when the disgruntled employees showed up for work on Monday (November 5), they were greeted by the sight of "modest bedrooms featuring unmade mattresses, drab curtains and giant conference-room telepresence monitors", reports Forbes.

As per the latest reports, San Francisco's Department of Building Inspection has launched an investigation into the complaint that Musk has converted the company's headquarters.

"We need to make sure the building is being used as intended," said Patrick Hannan, the department's communications director adding that residential buildings, even those meant for short stays have "different building code requirements".

Also read |&nbsp;<a href="https://www.wionews.com/world/its-on-the-todo-list-musk-now-wants-to-change-twitters-word-limit-538009">'It's on the to-do list': Musk now wants to change Twitter's word limit</a>

While the makeshift bedrooms may be considered a significant upgrade from the sleeping bag situation that went viral in November after a Twitter employee tweeted a picture of herself sleeping in the office, it is still &nbsp;"disrespectful".

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As per a Forbes report citing an anonymous source, the move was not preceded by any discussion with the staff or even an announcement. They received no context and had to presume that the beds are for the remaining employees to stay over at the office overnight.

Also read |&nbsp;<a href="https://www.wionews.com/world/elon-musks-brain-chip-firm-neuralink-under-lens-over-animal-abuse-claims-540404">Elon Musk’s brain chip firm Neuralink under lens over animal abuse claims</a>

"It’s not a good look," said one employee as quoted by Forbes.&nbsp;

"It’s yet another unspoken sign of disrespect. There is no discussion. Just like, beds showed up."

It remains unclear just how many beds are there, however, the anonymous source speculates that there were "four to eight" uncomfortable-looking beds on every floor.

(With inputs from agencies)

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Keeping with his "extremely hardcore" theme, as per reports, Elon Musk has now set up conference rooms turned bedrooms for employees at the company's headquarters in San Francisco.

Keeping with his "extremely hardcore" theme, as per reports, Elon Musk has now set up conference rooms turned bedrooms for employees at the company's headquarters in San Francisco. It's been a month since Elon Musk took over Twitter as the Chief twit, and in this short span of time, he has fired 7,500 employees, axed executives and engineers who spoke up against his ideas and issued an ultimatum to the remaining employees: work "extremely hardcore" or leave. Watch | The Twitter Files: Independent journalist Matt Taibbi makes the revelation In the latest "shock" to them, when the disgruntled employees showed up for work on Monday (November 5), they were greeted by the sight of "modest bedrooms featuring unmade mattresses, drab curtains and giant conference-room telepresence monitors", reports Forbes. As per the latest reports, San Francisco's Department of Building Inspection has launched an investigation into the complaint that Musk has converted the company's headquarters. "We need to make sure the building is being used as intended," said Patrick Hannan, the department's communications director adding that residential buildings, even those meant for short stays have "different building code requirements". Also read | 'It's on the to-do list': Musk now wants to change Twitter's word limit While the makeshift bedrooms may be considered a significant upgrade from the sleeping bag situation that went viral in November after a Twitter employee tweeted a picture of herself sleeping in the office, it is still "disrespectful". When you need something from your boss at elon twitter pic.twitter.com/hfArXl5NiL — Evan Jones (@evanstnlyjones) November 2, 2022 × As per a Forbes report citing an anonymous source, the move was not preceded by any discussion with the staff or even an announcement. They received no context and had to presume that the beds are for the remaining employees to stay over at the office overnight. Also read | Elon Musk’s brain chip firm Neuralink under lens over animal abuse claims "It’s not a good look," said one employee as quoted by Forbes. "It’s yet another unspoken sign of disrespect. There is no discussion. Just like, beds showed up." It remains unclear just how many beds are there, however, the anonymous source speculates that there were "four to eight" uncomfortable-looking beds on every floor. (With inputs from agencies) WATCH WION LIVE HERE You can now write for wionews.com and be a part of the community. Share your stories and opinions with us here.

Musk's 'hardcore' Twitter 2.0: Beds show up overnight at HQ, employees call it 'unspoken sign of disrespect'

According to a report, several major US and foreign banks stand to suffer losses of $500 million or more if they carry out their commitments to finance Elon Musk's $44 billion acquisition of Twitter.

The banks, led by Morgan Stanley and six others, including Barclays and Bank of America, pledged to raise $13 billion in debt six months ago to finance Musk's purchase. This commitment is unconditional and does not depend on their ability to sell the debt to investors.&nbsp;

Watch |&nbsp;Elon Musk offers proposal to resolve China-Taiwan tensions

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As per Bloomberg "if the debt were to be sold now" it would lead to a collective loss of $500 million or more.

Banks agreed to terms with lower returns when financing the Musk-Twitter deal in April. Since then, the credit markets have gotten worse as a result of higher interest rates following efforts to reduce record inflation, with returns on riskier junk bonds and leveraged loans increasing. This can potentially result in write-downs.

Also read |&nbsp;<a href="https://www.wionews.com/world/explained-how-will-elon-musk-pay-for-twitter-523181">Deal back on: How much will Twitter change after takeover by Elon Musk?</a>

“I think that those banks would like to get out of it, I think the deal makes less sense for them now, and that the debt will be harder to syndicate to investors,” said Howard Fischer of Moses Singler law firm while talking to Bloomberg.

Also read |&nbsp;<a href="https://www.wionews.com/world/after-ukraine-russia-war-elon-musk-now-has-a-suggestion-on-how-to-end-china-taiwan-tensions-523452">After Ukraine-Russia, Elon Musk now has a suggestion on how to end China-Taiwan tensions</a>

However, he cautioned that, despite incurring significant losses, there aren't many legal or reputational ways for banks to avoid granting the loan.

This comes as last week Musk abruptly abandoned his three-month attempt to end the Twitter agreement through a US court in Delaware. The billionaire had blamed the prevalence of false accounts on the social media platform for his disinterest in sticking to the deal.

(With inputs from agencies)

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According to a report, several major US and foreign banks stand to suffer losses of $500 million or more if they carry out their commitments to finance Elon Musk's $44 billion acquisition of Twitter.

According to a report, several major US and foreign banks stand to suffer losses of $500 million or more if they carry out their commitments to finance Elon Musk's $44 billion acquisition of Twitter. The banks, led by Morgan Stanley and six others, including Barclays and Bank of America, pledged to raise $13 billion in debt six months ago to finance Musk's purchase. This commitment is unconditional and does not depend on their ability to sell the debt to investors. Watch | Elon Musk offers proposal to resolve China-Taiwan tensions As per Bloomberg "if the debt were to be sold now" it would lead to a collective loss of $500 million or more. Banks agreed to terms with lower returns when financing the Musk-Twitter deal in April. Since then, the credit markets have gotten worse as a result of higher interest rates following efforts to reduce record inflation, with returns on riskier junk bonds and leveraged loans increasing. This can potentially result in write-downs. Also read | Deal back on: How much will Twitter change after takeover by Elon Musk? “I think that those banks would like to get out of it, I think the deal makes less sense for them now, and that the debt will be harder to syndicate to investors,” said Howard Fischer of Moses Singler law firm while talking to Bloomberg. Also read | After Ukraine-Russia, Elon Musk now has a suggestion on how to end China-Taiwan tensions However, he cautioned that, despite incurring significant losses, there aren't many legal or reputational ways for banks to avoid granting the loan. This comes as last week Musk abruptly abandoned his three-month attempt to end the Twitter agreement through a US court in Delaware. The billionaire had blamed the prevalence of false accounts on the social media platform for his disinterest in sticking to the deal. (With inputs from agencies) WATCH WION LIVE HERE You can now write for wionews.com and be a part of the community. Share your stories and opinions with us here.

Elon Musk-Twitter saga | Banks financing the deal face $500 million in losses: Report

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Musk's 'hardcore' Twitter 2.0: Beds show up overnight at HQ, employees call it 'unspoken sign of disrespect'

Elon Musk-Twitter saga | Banks financing the deal face $500 million in losses: Report