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Twitter It has gone through many changes both at the organizational level and in its digital platform, but the fact that the functioning of the social network today is a concern. The reason performance has deteriorated over the months is because 80% of the company’s full-time employees have since been fired. Elon Musk I am buying it.
Even though the tycoon is behind Tesla Motors D SpaceX assured in an interview bloomberg last October that 75% of his last company’s employees won’t lose their jobs, the truth is that 80% of the employees who worked full-time on Twitter before Elon Musk acquired it on October 27, 2022 are no longer part of It.
Critical Twitter situation today
According to the network CNBC last Friday, January 20, out of about 7,500 people working in Twitter full time before management was handed over Elon Musk, only about 1300 people remained due to numerous layoffs or layoffs of their own free will. To make matters worse, the company has only about 550 engineers left to keep the platform running, even though there aren’t enough of them.
The report also highlights that 75 employees are currently on leave, 40 of whom are engineers, and the Trust and Safety team tasked with overseeing content moderation for the social network has been reduced to fewer than 20 full-time employees. All this happens as a result of numerous mistakes that Musk with the company after he bought it for about $44 billion.
In addition to firing all workers who disagreed with his platform ideology and his tense routine, in order to “save” the company, Musk he also restored numerous far-right and fascist accounts that had previously been permanently banned without even a glance at the “moderation board” he was supposed to create.
In addition, the mogul made important operational decisions based on polls. Twitter despite the fact that they tried to terminate the agreement to buy the company in the first place on the grounds that former company executives tried to hide the true number of accounts managed by bots on the platform.
Chaos has taken over Twitter and it looks like it won’t end
Other measures that Elon Musk made an attempt to stop his ill-wishers in his own social network, among whom there are journalists and university students, began to hire employees from other companies not associated with Twitterand even team members SpaceX D Teslato be able to fire employees who questioned their business decisions.
His $8 blue check account verification plan is already up and running with multiple issues, and ad revenue on the platform has dropped 40% due to advertisers not wanting to get involved with Twitter in the state it is in now. At the end of January, the first interest payment on the $13 billion loan he requested to buy a company that today, after so many failures, is valued at only $15 billion is due.
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I am Ben Stock, a passionate and experienced digital journalist working in the news industry. At the Buna Times, I write articles covering technology developments and related topics. I strive to provide reliable information that my readers can trust. My research skills are top-notch, as well as my ability to craft engaging stories on timely topics with clarity and accuracy.