Twitter is laying off another 10 percent of its staff: fewer than 2,000 people left
Twitter is laying off another roughly ten percent of its workforce and now has fewer than 2,000 employees left. When new owner Elon Musk took over Twitter in October, the company still had 7,500 employees.
The New York Times reports this based on multiple sources. According to the article, affected employees found themselves out of a job because they lost access to the various online services and products the company uses, such as email and Twitter-managed laptops. The layoffs include product managers, data scientists, programmers and monetization team members.
Getting a grip on the matter was made even more difficult for employees because the communication platform for employees, Slack, is or was offline. The reasons for this do not seem entirely clear. Platformer reports that Twitter didn’t pay the bills for Slack, but The Verge writes that Twitter wants to switch to another platform. The American newspaper also writes that this round of layoffs is one of the largest since early November, when Musk said goodbye to about half of all employees.
Musk has borrowed more than $12 billion to pay for Twitter. In total he paid $44 billion for this social medium. He has previously admitted that he paid too much for this. Musk wants to make Twitter profitable, which it isn’t yet.