Bloomberg: Musk plans new layoffs on Twitter
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The new head of Twitter, Elon Musk, may conduct another wave of layoffs on Monday, November 21, sources said. Bloomberg. According to the agency, the reductions may affect employees who are involved in sales and partnerships.
According to Bloomberg, Mr. Musk issued an ultimatum to the staff to increase working hours. Otherwise, dismissal with severance pay was offered. According to the agency, more technical employees left than expected, compared to the situation with the layoffs of employees who are involved in sales.
Mr. Musk asked the heads of sales and partnerships to make cuts. Both refused to do this, for which they were fired, according to Bloomberg interlocutors.
Elon Musk bought Twitter for $44 billion at the end of October. After that, the company laid off half of the employees. The billionaire promised to loosen the moderation rules and revise the user verification rules.
How a billionaire is trying to keep key employees – in the material “Kommersant” “Elon Musk softened up a bit”.
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