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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.

By- Avnish kushwaha