twitter job cuts – pressnews

21Jan

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Technology

Big tech’s job-slashing wave

[ad_1] Google slashes nearly 12,000 jobs worldwide. The layoffs come a day after Microsoft said it would reduce staff numbers by 10,000, following similar cuts by Meta, Amazon and Twitter. Google's announcement Friday it would slash nearly 12,000 jobs worldwide is the latest in a series of mass layoffs in the once-unassailable tech sector, which is facing a huge downturn. Here are the others: - Amazon - The online retail giant said on January 5 it would cut more than 18,000 jobs from its workforce, citing "the uncertain economy" and the fact it had "hired rapidly" during the pandemic. During Covid, Amazon had gone on a hiring spree to meet an explosion in demand for deliveries, doubling its global staff between the beginning of 2020 and start of 2022. It was the largest among...

‘Cesspit of falsehoods and hate speech’! Twitter exodus raise security fears

20Nov

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Technology

‘Cesspit of falsehoods and hate speech’! Twitter exodus raise security fears

[ad_1] Twitter devolved into what campaigners described as a cesspit of falsehoods and hate speech after recent layoffs. Twitter's owner Elon Musk has pledged the platform will not become a "hellscape," but experts fear a staff exodus following mass layoffs may have devastated its ability to combat misinformation, impersonation and data theft.Twitter devolved into what campaigners described as a cesspit of falsehoods and hate speech after recent layoffs cut half the company's 7,500 staff and fake accounts proliferated following its botched rollout of a paid verification system. Further throwing the influential platform into disarray -- and raising doubt about its very existence -- reports said hundreds of employees chose to depart the company Thursday in defiance of an ultimatum from ...

Twitter Latest: Class-Action Suit Filed as Musk Begins Job Cuts

4Nov

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Technology

Twitter Latest: Class-Action Suit Filed as Musk Begins Job Cuts

[ad_1] Twitter Inc. plans to start cutting staff Friday, the company said in an email to employees. Twitter Inc. plans to start cutting staff Friday, the company said in an email to employees.Billionaire Elon Musk plans to eliminate half of Twitter's workforce, making good on plans to slash costs at the social media platform he acquired for $44 billion last month, people with knowledge of the matter have said. “In an effort to place Twitter on a healthy path, we will go through the difficult process of reducing our global workforce on Friday,” Twitter management said in an email reviewed by Bloomberg. “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 go...

Elon Musk Plans To Eliminate 3700 Twitter Jobs to Cut Costs

3Nov

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Technology

Elon Musk Plans To Eliminate 3700 Twitter Jobs to Cut Costs

[ad_1] Elon Musk plans to eliminate about 3700 jobs at Twitter Inc., or half of the social media company’s workforce. (Bloomberg) -- Elon Musk plans to eliminate about 3,700 jobs at Twitter Inc., or half of the social media company's workforce, in a bid to drive down costs following his $44 billion acquisition, according to people with knowledge of the matter.Twitter's new owner aims to inform affected staffers Friday, said the people, who requested anonymity discussing non-public plans. Musk also intends to reverse the company's existing work-from-anywhere policy, asking remaining employees to report to offices -- though some exceptions could be made, the people said. Musk and a team of advisers have been weighing a range of scenarios for job cuts and other policy changes at San Fran...

Elon Musk suggests Twitter was poorly run, did not welcome controversies

2Nov

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Technology

Elon Musk suggests Twitter was poorly run, did not welcome controversies

[ad_1] Five Things Elon Musk Wants to Change About Twitter Right Away. Elon Musk is working to make his mark on Twitter Inc., days after assuming ownership of the service.The world's richest man has been reviewing the company's code with help from Tesla Inc. engineers, while consulting with powerful friends he trusts to help him make important decisions about where to take the product.So far, it turns out that making major changes to a 16-year-old product with about 7,000 employees is easier said than done. Here's an overview of what Musk is noodling – and how it intersects with reality: Job Cuts Twitter employees have been bracing for layoffs ever since Musk took over and fired the top executive team, including Chief Executive Officer Parag Agrawal. Over the weekend, a few employees ...