Twitter lays off 10 per cent more workforce in latest round of job cuts

According to a report by the New York Times on Sunday, Twitter has laid off approximately 10% of its workforce, or at least 200 employees. This marks the latest round of job cuts since Elon Musk took over as CEO of the micro-blogging site last October.

Reportedly, the layoffs impacted product managers, data scientists, and engineers working on machine learning and site reliability. These positions are crucial to keeping Twitter’s features running smoothly and reliably. Twitter has yet to respond to the media regarding these layoffs.

As stated by Musk last month, the company currently has approximately 2,300 active employees. This is not the first time Twitter has resorted to mass layoffs under Musk’s leadership. In early November, the company let go of around 3,700 employees in a cost-cutting measure. Musk had acquired the company for $44 billion. He has been concerned about content moderation as advertisers withdrew their spending.

Twitter Reportedly Forcing Brands To Pay $1,000 For Verified Gold CheckMarks

Exit mobile version