Economy

A week after its takeover by Elon Musk, Twitter will initiate layoffs

“We will begin the difficult process of reducing our global workforce on Friday”Twitter told its employees Thursday in an email seen by AFP, confirming the rumors that have been circulating since Elon Musk bought the social network a week ago.

The message says all employees will receive information by Friday morning when the California office opens, but does not specify how many people will be affected. According to washington postthe new leader planned to lay off about 50% of the approximately 7,500 employees.

Redemption for 44 billion

“We recognize that a number of individuals who have made notable contributions to Twitter are going to be affected, but this action is unfortunately necessary to ensure the company’s success in the future”declares the company to the employees.

The boss of Tesla and SpaceX bought Twitter for 44 billion dollars and took control last Thursday, after six months of a very eventful acquisition. He immediately disbanded the board of directors, fired the chief executive and other senior officials, and launched major projects with goals to be accomplished quickly. Several engineers reported having to sleep on site some nights.

Review employee work

Elon Musk, who first renamed himself “Chief Twitter” (tweet meaning “moron” in English), then “Twitter hotline operator”brought in Tesla developers on Friday to review the work of Twitter employees.

“The ongoing dismissal process is a farce and a disgrace. Tesla henchmen make decisions about people they know nothing about except the number of lines of code produced. It’s completely absurd.”Taylor Leese, the director of an engineering team who says he was fired, tweeted on Sunday.

Source : WORLD NEWS

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