Twitter cut its workforce by 80 percent with the arrival of Elon Musk

Twitter has 80 percent fewer employees since the arrival of the new CEO Elon Musk, due to his new business policy and the massive layoffs that occurred during the first weeks at the helm of the company.

Internal company records say Twitter’s full-time workforce has dwindled to about 1,300 active employees, including fewer than 550 engineers.

Likewise, as reported by CNBC, Musk would have authorized the transfer of some 130 employees of other companies he owns, such as Tesla, SpaceX and The Boring Co., to Twitter.

Internal company records show that around 1,400 former Twitter employees no longer work for the company but continue to be paid. Many of them announced their departure after the new CEO Elon Musk formalized hundreds more layoffs offering an ultimatum to do a job. "extremely hard" or leave the company.

Before the arrival of the businessman, after buying the social networking company in 2022 for 44,000 million dollars, Twitter had 7,500 employees. At the beginning of November Musk began a policy of mass layoffs that have led to lawsuits from former employees.

Read Also:  There are at least 10 injured

Recent Articles

Related News

Leave A Reply

Please enter your comment!
Please enter your name here