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X all-hands leaves staff with few answers on delayed promotions

Vox Media’s 2023 Code Conference - Day 2
Linda Yaccarino. | Photo by Jerod Harris/Getty Images for Vox Media

During an internal all-hands meeting led by X CEO Linda Yaccarino on Wednesday, concerned employees tuned in to hear if she would address the pressing issue on their minds: performance reviews.

Sources inside the company confirm that a promotions process was recently delayed without explanation and that X’s sales team doesn’t expect to meet its revenue targets for the quarter. Given how the company formerly called Twitter has continued to struggle under Elon Musk’s ownership, employees have been bracing for more layoffs.

One of Musk’s key lieutenants, The Boring Company CEO Steve Davis, has been reviewing finances at X’s headquarters in San Francisco over the past several weeks, according to multiple employees who requested anonymity to…

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