Twitter Fires An Additional 50 Workers To Reduce Costs.

Facebook
Twitter
LinkedIn
WhatsApp

Twitter, a social media company, is said to have let go of at least 50 employees in an effort to reduce costs as advertising revenue continues to fall.

The weekend layoffs were the organization’s second since Elon Musk assumed control of it in October 2022.

According to a report by The Information, the most recent layoffs impacted a number of engineering teams, including those supporting advertising technology, the primary Twitter app, and technical infrastructure to keep Twitter’s systems up and running.

Twitter’s staff size is said to have decreased by at least 70% since Elon Musk took over, with the first round of layoffs Musk implemented affecting about 3,700 employees.Twitter, a social media company, is said to have let go of at least 50 employees in an effort to reduce costs as advertising revenue continues to fall.

The weekend layoffs were the organization’s second since Elon Musk assumed control of it in October 2022.

According to a report by The Information, the most recent layoffs impacted a number of engineering teams, including those supporting advertising technology, the primary Twitter app, and technical infrastructure to keep Twitter’s systems up and running.

Twitter’s staff size is said to have decreased by at least 70% since Elon Musk took over, with the first round of layoffs Musk implemented affecting about 3,700 employees.

Facebook
Twitter
LinkedIn
WhatsApp
YOU MAY ALSO LIKE