Tag: Twitter Layoffs

Elon Musk launches crackdown, orders Twitter layoffs from today; 50% staff may lose jobs
Technology

Elon Musk launches crackdown, orders Twitter layoffs from today; 50% staff may lose jobs

[ad_1] Twitter will layoff employees in an effort to place the social media platform on a more profitable path. Check details here. After Elon Musk took charge of Twitter, the social media platform has seen several changes including the introduction of a $8 charge for the blue tick verification mark and an absolutely new work ethic that lays stress on long hours. Notably Musk himself has revealed he works anything between 14-18 hours a day. And now, as promised by Musk, Twitter will start laying off staffers in order to place the social media platform on the profitable path. Twitter will inform employees via email on Friday about whether they have been laid off, temporarily closing its offices and preventing staff access, a report by Reuters informed. It has been reported that as ma...
Elon Musk Plans To Eliminate 3700 Twitter Jobs to Cut Costs
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...
Twitter Global Sales VP Leaves Company After ELon Musk’s Takeover
Technology

Twitter Global Sales VP Leaves Company After ELon Musk’s Takeover

[ad_1] Two more top Twitter Inc. executives have departed the social network, leaving the company without most of its sales and marketing leadership. Two more top Twitter Inc. executives have departed the social network, leaving the company without most of its sales and marketing leadership days after a takeover by billionaire Elon Musk.Chief Marketing Officer Leslie Berland, who joined Twitter in 2011, departed on Tuesday, according to people familiar with the matter. Berland was the executive who gave Musk his first tour of the office as his $44 billion deal was finalized last week. Jean-Philippe Maheu, the vice president of global client solutions, is also exiting San Francisco-based Twitter, people familiar said. Maheu was seen being escorted out of the company's offices, one of t...
Musk Lays Groundwork for Twitter Layoffs, Asking Managers to Draw Up Lists
Technology

Musk Lays Groundwork for Twitter Layoffs, Asking Managers to Draw Up Lists

[ad_1] Elon Musk has begun laying the groundwork for a round of layoffs at Twitter Inc. days after taking ownership of the social media platform. Elon Musk has begun laying the groundwork for a round of layoffs at Twitter Inc. days after taking ownership of the social media platform. The billionaire entrepreneur, who completed his $44 billion acquisition Thursday, has asked managers to draw up lists of team members who could be let go, according to a person with knowledge of the matter. The person asked not to be identified discussing private conversations. Headcount reduction could commence as early as Saturday, the New York Times reported earlier. A representative of San Francisco-based Twitter didn't immediately respond to a request for comment Saturday. Concerns over massiv...