It is not known how many people have actually been released. As of Friday, the California Department of Employment Development has not been informed of the cut plans and the number of people who will lose their jobs, although this is a legal requirement for any company with more than 100 employees, the Associated Press reported. Some of the dismissed will file a class action lawsuit against the billionaire.
Reuters reports that musk It plans to lay off about half of its staff Twitter, which is approximately 3.7 thousand. employeesThe company’s offices were temporarily closed.
Politico reported that some of the dismissed people lost access to their work Twitter accounts before being informed that they had lost their jobs.
To replace redundant workers, Musk has already hired “some Tesla engineers, some investors, and his colleagues,” the person who lost his job said on the portal. She emphasized that Musk had announced a hiring cut, explaining that it was necessary to “reduce costs.”
Politico, however, reported that Other tech companies are already indicating their desire to hire former Twitter employees. “If you work for Twitter and find yourself unemployed today, please get in touch. I’m sure we have the right place for you,” Amazon representative John Gonzalez wrote on Twitter.
The three senior Musk executives had already been laid off at the end of OctoberWhen he took this site. Parag Agrawal CEO, CFO Ned Segal and Vijaya Jade, Head of Legal Policy, Trust and Security, lost their jobs; In addition, Shaun Edgett, the platform’s general counsel, was fired.
See also: This is how you work for the richest man in the world. A disturbing picture has been posted on the internet
The epic stories continued with Twitter. Musk slows down, companies stop advertising
The Associated Press reports that major companies such as General Motors, General Mills and Audi have stopped posting their ads on Twitter.pending more information on how the company will operate after the Musk acquisition.
The Volkswagen Group said on Friday it had requested The brands Skoda, Seat, Cupra, Audi, Lamborghini, Bentley, Porsche and Ducati have opted out of any paid promotion on Twitter at this time. Advertisers fear that Twitter’s content stewardship will not be as stringent on hate speech, fake news and similar posts as it once was. The Associated Press explains that companies do not want to “lose reputation” for their brands by appearing on Twitter.
Meanwhile, Musk tweeted on Friday that The site recorded a “huge drop in income” due to the activities of “activists”. He didn’t explain who he meant or how much Twitter was suffering.
See also: Why does Elon Musk need Twitter? “I want to be a demigod”
Even before the Twitter acquisition, Musk repeatedly told investors and potential partners that he wanted to tackle the company financially, cutting nearly 75 percent. its employees.
In April, the billionaire made an offer to buy Twitter for $44 billion. In May, however, he withdrew from the show, arguing that Twitter did not want to provide him with information about the number of fake user accounts. In early October, the billionaire again changed his mind and said he was ready to buy Twitter at the price originally agreed to with the $44 billion service.
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