Arianna Huffinton Calls Elon Musk and Sam Bankman-Fried ‘Burnout Deniers’

  • Arianna Huffington chastised Elon Musk and Sam Bankman-Fried as “burnout deniers”.
  • In an opinion piece published Tuesday, he suggested that Musk’s “hardcore” approach was bad for business.
  • The author and businesswoman founded a company in 2016 focused on ending the burnout epidemic.

Arianna Huffington harshly criticized Elon Musk’s four-week tenure on Twitter so far, the billionaire’s approach to working “hard”.

In an opinion piece published Tuesday in The Information, the businesswoman and author called Musk and former FTX CEO Sam Bankman-Fried “burnout deniers”, arguing that their intense, round-the-clock attitudes to work negatively impact their employees. and companies.

Huffington wrote on Twitter that Musk’s first month as CEO was marred by “staggering missteps, comebacks, and mass departures.” Less than half of the company’s remaining employees chose to join Musk’s “extremely harsh” vision after issuing an ultimatum.

“Musk is not only applying an outmoded way of working to his dwindling employees, but also showing the disadvantages of a model fueled by burnout and insomnia in his decision-making,” said Huffington, who founded Thrive Global in 2016. A company focused on ending the burnout epidemic.

The extremism in the workplace of Tesla and SpaceX co-founder dates back years to emails from their early days at Tesla. Musk revived his “hard” language by testing Twitter employees earlier this month.

“This will mean working long hours at high intensity,” Musk wrote in an email to late night employees. “Only exceptional performance will constitute a passing grade.”

Huffington said Staffer’s massive rebuke of Musk’s ultimatum showed “employees no longer feel compelled to tolerate, let alone celebrate, this exhausted factory approach.”

Musk did not immediately respond to Insider’s request for comment.

The Huffington Post co-founder pointed out in his opinion article that Bankman-Fried is another “burnout denier.”

The former cryptocurrency exchange CEO was notorious for sleeping only four hours a night in the pear armchair next to his desk while answering calls from customers and investors in the middle of the night, Insider previously reported.

But Bankman-Fried’s world was turned upside down earlier this month when FTX was forced to file for Chapter 11 bankruptcy after the company failed to secure a bailout following a liquidity freeze, and Reuters reported that the cryptocurrency exchange had transferred billions of dollars in customers. Funded Bankman-Fried’s Alameda Research.

Huffington wrote that the science behind burnout continues to strengthen, but as the economy shrinks, he warns CEOs to resist the temptation to “aggravate” already stressed employees.

“We have a lot of work to do for our culture to fully capture the science of how we do our best and succeed in all aspects of our lives,” said Huffington. “Ironically, Musk’s actions over the past few weeks have brought us closer to finally discrediting the illusion that burnout is the price we must pay to achieve peak performance.”

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