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Twitter Starts Mass Layoffs Under Elon Musk
Twitter Starts Mass Layoffs Under Elon Musk
The layoffs could impact about half of the 7,500 employees at the social media company as Musk prepares to overhaul Twitter.
www.pcmag.com
It’s going to be a rough day at Twitter. The company has started laying off employees as Twitter’s new owner, Elon Musk, tries to cut costs at the social media platform.
Starting Thursday night, numerous Twitter staffers began bidding farewell to the company through tweets posted online.
“Looks like I’m unemployed y’all. Just got remotely logged out of my work laptop and removed from Slack,” wrote(Opens in a new window) Simon Balmain, a former senior community manager at the company.
So far, Twitter hasn’t publicly commented on the layoffs. But in an internal email, the company notified employees about the mass job cuts, which are slated to begin today, Friday, Nov. 4.
“We recognize that this will impact a number of individuals who have made valuable contributions to Twitter, but this action is unfortunately necessary to ensure the company’s success moving forward,” the email reportedly(Opens in a new window) says. The company is notifying which employees will be losing their jobs via email.