Last Updated: February 26, 2023, 16:31 IST
In early November, Twitter laid off about 3,700 workers in a cost-cutting measure by Musk, who acquired the corporate for $44 billion. (Photo: Canva)
The job cuts impacted a number of engineering groups, together with these supporting promoting know-how, the primary Twitter app in addition to technical infrastructure to maintain Twitter’s techniques up and working
Elon Musk’s Twitter Inc laid off dozens of workers on Saturday in what’s at the least the eighth spherical of job cuts since Musk took over the social community in late October, the Information reported.
The job cuts impacted a number of engineering groups, together with these supporting promoting know-how, the primary Twitter app in addition to technical infrastructure to maintain Twitter’s techniques up and working, the report within the U.S. know-how centered publication mentioned early on Sunday, citing folks with direct information of the matter.
Twitter didn’t instantly reply to Reuters request for a remark.
In early November, Twitter laid off about 3,700 workers in a cost-cutting measure by Musk, who acquired the corporate for $44 billion. The Information reported that the newest job cuts intention to offset a plunge in income following Musk’s takeover and additional whittle down a employees that had shrunk by at the least 70% to roughly 2,000.
Musk in November mentioned that the service was experiencing a “large drop in income” as advertisers pulled spending amid concerns about content moderation.
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(This story has not been edited by News18 employees and is revealed from a syndicated information company feed)
