Elon Musk plans to lay off 25% of Twitter's staff: Report

Malaysia News News

Elon Musk plans to lay off 25% of Twitter's staff: Report
Malaysia Latest News,Malaysia Headlines
  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 45 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 51%

Elon Musk spent the weekend creating plans with his inner circle to lay off 25% of Twitter's staff, report says

The publication reported that Musk's inner circle and the remaining Twitter senior executives who weren't fired in a purge on Thursday spent the weekend discussing plans ranging from content moderation to chopping the company's workforce, which stands at roughly 7,500, per the company's 2021 annual report.

One person familiar with the discussions told The Post that the first round of layoffs would target around 25% of the company's workforce and cover almost all departments, with an emphasis on sales, product, engineering, legal, and trust and safety. Twitter didn't immediately respond to Insider's request for comment, made outside of regular working hours.

Rumors of mass layoffs have been circulating over the past few months in anticipation of Musk's takeover, though different figures have been cited and conversations among Twitter staff about potential layoffsAfter Musk's deal to buy Twitter for $44 billion went through on Thursday, the tech mogul appears to have started conducting aThis includes asking the social media platform's managers to carry out performance reviews and send lists of which employees should be kept on, people...

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

BusinessInsider /  🏆 729. in US

Malaysia Latest News, Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

South Park: 25 Real Colorado Locations From 25 SeasonsSouth Park: 25 Real Colorado Locations From 25 SeasonsWhat are your favorite South Park episodes?
Read more »

Elon Musk to Slash 50 Percent of Twitter Staff, Remaining Employees to Return to OfficeElon Musk to Slash 50 Percent of Twitter Staff, Remaining Employees to Return to OfficeElon Musk also plans to remove the work-from-anywhere policy that was put into place at the start of the 2020 COVID pandemic
Read more »

Elon Musk fired Twitter staff that verify politicians ahead of midtermsInsider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Read more »

Twitter slashes its staff as Elon Musk era takes hold on platform | amNewYorkTwitter slashes its staff as Elon Musk era takes hold on platform | amNewYorkTwitter began widespread layoffs Friday as new owner Elon Musk overhauls the company, raising grave concerns about chaos enveloping the social media platform and its ability to fight disinformation just days ahead of the U.S. midterm elections.
Read more »

Elon Musk Fires Half The Staff At Twitter, Employees File SuitElon Musk Fires Half The Staff At Twitter, Employees File SuitElon Musk is sharpening his knives at Twitter...'cause he's planning to wipe out half the workforce to put the company on the right path or so he claims ... but employees have fired back with a preemptive lawsuit.
Read more »



Render Time: 2025-02-27 23:45:17