Tag: twitter layoff

Neutron Elon: Why Twitter’s Boss Is More Like Jack Welch Than You Think
11Nov By adminNo Comments
Technology

Neutron Elon: Why Twitter’s Boss Is More Like Jack Welch Than You Think

[ad_1] Massive layoffs, a cult following and the goal of complete domination: Musk and GE’s longtime chief have a lot in common, but is Elon’s star beginning to dim just as Welch’s has? Elon Musk's recent moves to put his stamp on Twitter Inc. call to mind another cult figure of corporate America — Jack Welch. Both men have achieved mythic status in capitalism, generating vast wealth and cultivating slavish devotion in the process. Welch, who helmed General Electric Co. from 1981 to 2001, became famous for massive layoffs, championing shareholders over staffers and for financial engineering that ultimately led to catastrophe after he left. The style earned him the nickname “Neutron Jack.” Musk has a Steve Jobs-ian ability to know what customers want before they do, which has made h...
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Twitter Sales Executive Wheeler to Stay After Earlier Departure
11Nov By adminNo Comments
Technology

Twitter Sales Executive Wheeler to Stay After Earlier Departure

[ad_1] Robin Wheeler, Twitter Inc.’s top sales executive, has decided to stay at the company, at least for now, reversing an earlier decision to resign, people familiar with the matter said. Robin Wheeler, Twitter Inc.'s top sales executive, has decided to stay at the company, at least for now, reversing an earlier decision to resign, people familiar with the matter said.Wheeler had quit on Thursday, along with a handful of other senior leaders, but Twitter owner Elon Musk persuaded her to stay, the people said, requesting anonymity to protect personal and professional relationships. “Team. I'm still here,” Wheeler posted to an internal Slack channel Thursday evening. “This is really hard right now. Thank you for what you are doing because you are the lifeblood of this company.” Wheel...
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Twitter Layoffs Will Shrink Free Speech Around the World
8Nov By adminNo Comments
Technology

Twitter Layoffs Will Shrink Free Speech Around the World

[ad_1] Elon Musk thinks firing content moderators will promote unmediated expression. Outside the US, it will have the opposite effect. Twitter Inc. — now under new management, if that's the right word — fired about half its workers over the weekend, a big story by anyone's standards. Yet some teams and countries suffered worse — and that is a story with global political implications.In India, for example, Twitter seems to have laid off 90% of its employees. In Brazil, a team of 150 was let go, according to Bloomberg Línea. Shortly after Elon Musk took over the company, the number of employees with the ability to suspend or ban an account for breaches of user policies was at least temporarily reduced from “hundreds” to about 15. Musk's vision for Twitter is not particularly complex. H...
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Anatomy of the week the Elon Musk tornado hit Twitter
7Nov By adminNo Comments
Technology

Anatomy of the week the Elon Musk tornado hit Twitter

[ad_1] The whirlwind week that Elon Musk took over Twitter began with sleepless nights for company engineers -- and ended with half the staff getting the axe. The whirlwind week that Elon Musk took over Twitter began with sleepless nights for company engineers -- and ended with half the staff getting the axe. "It was a strange week," said one former employee speaking on condition of anonymity. "Executives were getting fired or were resigning, but there was basically no official communication until 5 pm Thursday," some seven days after the deal was made official. The employees received a first email Thursday informing them that they would know their fate the next day. On Friday, the second email confirmed the rumors: 50 percent of the staff lost their jobs. The cull hit the mar...
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Twitter users react to Hindi tweets on layoffs thinking they are from Elon Musk
6Nov By adminNo Comments
Technology

Twitter users react to Hindi tweets on layoffs thinking they are from Elon Musk

[ad_1] Netizens were bewildered at Twitter's new chief, Elon Musk tweeting in Hindi. Netizens on Saturday were bewildered at Twitter's new chief, Elon Musk tweeting in Hindi wherein he was stating that the platform will charge USD 8 per month for blue tick users.Notably, social media users were discussing the massive layoff of employees and his new rules and regulations for Twitter. With the hashtag #TwitterLayoffs, the post is shared from an account that at the first glance looks like the handle of the tech billionaire. However, the handle, with username @iawoolford, from which the post is shared created the confusion with the blue tick beside the profile name.It initially led many to believe that Musk shared the tweet himself.Reacting to massive layoffs, many of the post written in ...
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Lawyer Suing Twitter Over Layoffs Says Musk Trying to Comply
5Nov By adminNo Comments
Technology

Lawyer Suing Twitter Over Layoffs Says Musk Trying to Comply

[ad_1] The lawyer who sued Twitter Inc. “pre-emptively” on the eve of mass layoffs by Elon Musk said she’s “pleased” to learn at least some employees will continue being paid until Jan. 4. The lawyer who sued Twitter Inc. “pre-emptively” on the eve of mass layoffs by Elon Musk said she's “pleased” to learn at least some employees will continue being paid until Jan. 4. Attorney Shannon Liss-Riordan said Friday that the billionaire “is making an effort to comply” with the law, less than half a day after she accused the company in a class-action federal lawsuit of violating federal and California statutes restricting companies from mounting mass layoffs on short notice. Liss-Riordan, who filed a similar lawsuit over June layoffs at Musk's automaker Tesla Inc., said she “will be moni...
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Why Elon Musk’s first week as Twitter owner has users flocking elsewhere
5Nov By adminNo Comments
Technology

Why Elon Musk’s first week as Twitter owner has users flocking elsewhere

[ad_1] It's been a week since Elon Musk strode into the Twitter headquarters with a kitchen sink, signalling his official takeover of the company.Having had some time to let the news of his US$44 billion (about A$70 billion) purchase “sink in”, Twitter users are now wondering what he'll do with the platform. What's Musk going to do with Twitter?After months of trying to walk away from his commitment to buy the platform, and just before entering what was looking to be a long, potentially embarrassing and costly court battle to enforce his original agreement, Twitter is now privately owned. If we wade through some of the early reactionary media punditry, we see Musk has paid far too much for a platform that has not yet fulfilled its business potential to investors, nor its social potenti...
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SHOCKING LAYOFFS! Elon Musk sacks massive number of Indian Twitter employees
4Nov By adminNo Comments
Technology

SHOCKING LAYOFFS! Elon Musk sacks massive number of Indian Twitter employees

[ad_1] In a horror mass layoff order, Elon Musk has sacked a huge number of Indian Twitter employees across verticals such as communication, marketing, sales, engineering. Just days after reports surfaced indicating that Elon Musk, the chief executive officer of Twitter, will be conducting massive job cuts across all verticals in Twitter, a shocking number of layoffs have taken place in India. Twitter India employees in multiple verticals including communication, marketing, sales, engineering and others have been sacked. According to reports, entire teams have been terminated in this mass cull. Earlier, Elon Musk had closed a number of Twitter offices across the globe in preparation for the layoffs. [ad_2] Source link
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Twitter Layoffs Coming? Here Is Truth
21Oct By adminNo Comments
Technology

Twitter Layoffs Coming? Here Is Truth

[ad_1] Twitter told staff that there haven’t been plans for companywide layoffs since it signed a deal to be acquired by Elon Musk. Twitter Inc., confronting reports that Elon Musk aims to gut its workforce as part of his takeover, told staff that there haven't been plans for companywide layoffs since it signed a deal to be acquired by the billionaire. In a memo seen by Bloomberg News, Twitter General Counsel Sean Edgett warned workers to expect “tons of public rumors and speculation” as the closing of the deal nears. “We do not have any confirmation of the buyer's plans following close and recommend not following rumors or leaked documents but rather wait for facts from us and the buyer directly,” he said. The Washington Post reported that Musk's plan for Twitter involve slashin...
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