700 of 770 OpenAI employees saying they will leave the company now unless changes met, per Bloomberg.
OpenAI is currently experiencing widespread dissent, with over 730 employees signing an open letter threatening to resign unless the board steps down and reinstates Sam Altman as CEO, along with cofounder and former president Greg Brockman. Altman's controversial dismissal by the board on Friday triggered this revolt.
700 of 770 OpenAI employees saying they will leave the company now unless changes met
11/20/2023
The open letter, signed by a significant majority of the company's employees, including Ilya Sutskever, the chief scientist and board member accused of orchestrating Altman's removal, criticizes the board's handling of the situation. The letter contends that the termination process and the removal of Brockman have jeopardized the company's work, undermined its mission, and revealed the board's incompetence in overseeing OpenAI.
In a surprising turn, Sutskever, who was implicated in the boardroom coup, expressed regret for his involvement on X just before the letter's release. By Monday evening, around 95 percent of OpenAI's employees had signed the letter, emphasizing the overwhelming unity among the workforce.
The weekend preceding the letter's release witnessed a tumultuous series of events in Silicon Valley. Altman was removed from his position on Friday by OpenAI's board, citing his alleged lack of consistency in communications as the reason. Mira Murati, the chief technology officer, was appointed as interim CEO.
In response to investor pushback, including from Microsoft, OpenAI's board initially indicated openness to Altman returning. Altman even visited the company's headquarters on Sunday, but later, the board informed the staff that Altman would not be reinstated.
Subsequently, Microsoft CEO Satya Nadella announced that Altman and Brockman would lead a new advanced AI research unit at Microsoft, potentially providing resources for their success. Nadella left the door open for OpenAI employees interested in transitioning to Microsoft's subsidiary, stating the company's eagerness to support their endeavors swiftly.
FEATURED NEWS
Trump to invoke wartime Alien Enemies Act of 1798 to carry out deportations
3/13/2025 Trump's first month in office showed federal spending of $603 billion in February — $36 billion...
3/13/2025 US Postal Service: We plan to reduce workforce by 10,000 employees in next 30 days through a vo...
3/13/2025 Trump: We are going to make a deal for Greenland
3/13/2025
Stay Updated
Subscribe to our newsletter for the latest financial insights and news.
+With Unusual Whales
Get the best broker for options trading and earn $5,000 in cash with an eligible account deposit at tastytrade. Get $50 when you deposit $2000. Offer expires 3/31/25. Certain restrictions, terms and conditions apply.
Unusual Whales does not confirm the information's truthfulness or accuracy of the associated references, data, and cannot verify any of the information. Any content on this site or related pages are not intended to provide legal, tax, investment or insurance advice. Unusual Whales Inc. is not registered as a securities broker-dealer or an investment adviser with the U.S. Securities and Exchange Commission, the Financial Industry Regulatory Authority (“FINRA”) or any state securities regulatory authority. Nothing on Unusual Whales should be construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any security by Unusual Whales or any third party. Options, investing, trading is risky, and losses are more expected than profits. Please do own research before investing. Please only subscribe after reading our full terms and understanding options and the market, and the inherent risks of trading. It is highly recommended not to trade on this, or any, information from Unusual Whales. Markets are risky, and you will likely lose some or all of your capital. Please check our terms for full details.
Any content on this site or related pages are not intended to provide legal, tax, investment or insurance advice. Unusual Whales Inc. is not registered as a securities broker-dealer or an investment adviser with the U.S. Securities and Exchange Commission, the Financial Industry Regulatory Authority (“FINRA”) or any state securities regulatory authority. Nothing on Unusual Whales should be construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any security by Unusual Whales or any third party. Certain investment planning tools available on Unusual Whales may provide general investment education based on your input. You are solely responsible for determining whether any investment, investment strategy, security or related transaction is appropriate for you based on your personal investment objectives, financial circumstances and risk tolerance. You should consult your legal or tax professional regarding your specific situation. See terms for more information.