Elon Musk Walks Back on Twitter Job Cuts, Blue Checks in Second Week
By- Avnish kushwaha
Image Credit -Google
Twitter Inc. is heading into its second full workweek under Elon Musk with half its workforce, mounting losses and a couple of unexpected reversals to its plans.
By- Avnish kushwaha
Image Credit -Google
The social-media company laid off close to 3,700 people on Friday
By- Avnish kushwaha
Image Credit -Google
Musk’s own acknowledgment in a tweet that the company he and well-heeled partners bought for $44 billion is losing $4 million a day.
By- Avnish kushwaha
Image Credit -Google
Twitter lopped its workforce as a way to trim costs following Musk’s acquisition, which closed in late October
By- Avnish kushwaha
Image Credit -Google
A Twitter spokesperson didn’t reply to a request for comment. Twitter’s plan to hire back workers was previously reported by Platformer.
By- Avnish kushwaha
Image Credit -Google
“Regarding Twitter’s reduction in force, unfortunately there is no choice when the company is losing over $4M/day,” Musk tweeted on Friday.
By- Avnish kushwaha
Image Credit -Google
The company fired more than 90% of its staff in India over the weekend, severely depleting its engineering and product staff, people familiar with the matter said.
By- Avnish kushwaha
Image Credit -Google
Layoffs at the Facebook owner, which are expected to affect thousands of workers, could begin as soon as Wednesday, the newspaper reported.
By- Avnish kushwaha
Image Credit -Google
Twitter has close to 3,700 employees remaining, according to people familiar with the matter.