Tech & Science

Twitter reportedly slashes 10% of workforce in latest round of cuts since Musk takeover – National

Twitter Inc has laid off at least 200 employees, or about 10% of its workforce, The New York Times reported late Sunday.

Saturday night’s layoffs impacted product managers, data scientists and engineers who were working on machine learning and site reliability, the NYT reported, citing people familiar with the matter.

Twitter did not immediately respond to Reuters’ request for comment.

read more:

Twitter’s job cuts could grow to 75% if Musk takes over: report

Read the following:

Part of the Sun breaks free, forming a strange vortex that baffles scientists

The company has about 2,300 active employees, according to Musk last month.

The latest layoffs laid off about 3,700 employees as part of a cost-cutting move in Musk’s $44 billion acquisition of the company after massive layoffs in early November.

The story continues under the ad

In November, Musk said the service had seen a “significant drop in revenue” as advertisers cut back on spending over content moderation concerns.

Click to play video: 'Twitter employees sue after mass layoffs following Elon Musk takeover'

Twitter Employees File Lawsuit After Mass Layoffs Following Elon Musk Takeover

Twitter recently started sharing advertising revenue with some content creators.

Earlier in the day, The Information reported that the social media platform laid off dozens of employees on Saturday in a bid to offset a plummeting revenue.

(Reporting by Maria Ponnezhath and Mrinmay Dey from Bangalore; Editing by Kim Coghill and Sherry Jacob-Phillips)

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button