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From arrival Elon Musk to strength Twitter, there were a lot of rumors about a massive wave of layoffs on the social network. The first report indicated 75% of his workforce, which the billionaire himself denied, and the new report seems to confirm his claims: he thinks a little less, 50%.
According to Bloomberg, Elon Musk prepares to lay off 3,700 people from the global workforce twitter, 50% of the total number of employees. The first one to separate? Managers.
Twitter purge
From the first moment of purchase TwitterMusk has already started his old tricks: he fired CEO Parag Agrawal and CFO Ned Segal.
With this measure, the tycoon prepared to liquidate the company’s 9-member board of directors and leave it alone with all decision-making powers in the direction of the social network.
Now, after the heads filter, Elon Musk prepares to start laying off employees. It is not known what argument will decide between each of them, but, for his new boss, “a lot of people manage the programming for each person.”
Musk’s lack of sympathy could also be a reason, says Financial Times. The drive to work from home could also be another reason, as Musk doesn’t like this measure at other companies like Tesla.
internal pressure
Work inside Twitter radicalized in the last few hours, especially because Elon Musk wants changes to be made in a very short time frame of days.
The most talked about feature is the verified account subscription service, which will cost $8 per month. For this reason, workers work hard to achieve the goal, although many of them have to sleep in their own offices to save time.
Musk also asked engineers and managers to create a kind of classification that depended on the contribution to the company’s code. Twitter during their employment with the company.
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Source: RPP
I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.