LIVE UPDATES
Twitter layoffs LIVE Updates: Employees start receiving emails
1 min read . Updated: 04 Nov 2022, 03:30 PM IST
Premium- Job cuts are happening at Twitter. Employees across geographies will be notified via emails.
Layoffs at Twitter have begun. The platform has started sending emails to employees about whether they have been laid off, temporarily closing its offices and preventing staff access. Twitter’s new owner Elon Musk is reportedly looking to cut around 3,700 Twitter staff, or about half the workforce. The move comes as he seeks to slash costs and impose a demanding new work ethic. Livemint is closely following the events as they unfold. Stay tuned for live updates
04 Nov 2022, 03:29:28 PM IST
Internal memo on job cuts leak
Memo begins stating: In an effort to place Twitter on a healthy path, we will go through the difficult process of reducing our global workforce on Friday. We recognize that this will impact a number of individuals who have made valuable contributions to Twitter, but this action is unfortunately necessary to ensure the company's success moving forward.
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