Twitter, which was acquired last week by billionaire Elon Musk, plans to lay off a quarter of its workforce as part of what is expected to be a first round Of layoffs, the Washington Post stated Monday, mentioning a person familiar with the problem. The case.
Celebrity legal professional Alex Spiro, Musk's longtime criminal representative, led the talks about the task cuts, in keeping with the document.
Twitter had more than 7,000 employees at the end of 2021, according to a regulatory document, with a quarter of the workforce numbering nearly 2,000 employees.
Musk denied a New York Times report that Twitter personnel had been being fired on a date before November 1 to avoid inventory presents expiring that day.
Twitter did not right away respond to a Reuters request for remark. Musk fired Twitter CEO Parag Agrawal, chief financial officer Ned Segal and chief policy and legal officer Vijaya Gadde as he completed a $44 billion purchase saga of the social media platform on Thursday. six months, sources told Reuters.
Twitter plans to dismantle its workforce: it wants to lay off 75% of employees Massive cuts are likely in the coming months, no matter who owns the company, interviews and documents obtained by The Washington Post show.
Twitter's workforce is likely to be hit by massive cuts in the coming months, no matter who owns the company, interviews and documents obtained by The Washington Post show, a change likely to have a big impact on its ability to control harmful content and prevent data security crises.