Twitter has endured an exodus of executives and managers from the company's ranks following its IPO. And those departures have become such a problem, the Wall Street Journal reports, the company is turning resigning leaders into corporate ghosts.
Frequent reorganizations led to defections at lower levels, prompting management to ask some senior staffers who planned to leave to delay their official announcements in exchange for higher pay. Over time, these staffers came into the office less and less until their final exit, which some employees called "getting ghosted."
According to the Journal, the brewing dissatisfaction comes from CEO Dick Costolo's shifting strategies and the company's lagging growth. Some of their biggest investors have already pulled out of the company, and one portfolio manager says, "People are losing confidence in [Costolo]."