To cut costs, fire 50 Twitter employees

Recent articles

Twitter, owned by billionaire Elon Musk, laid off dozens of employees on Saturday as part of the eighth round of job cuts since last October, according to the website “The Information”. The site quoted people with direct knowledge of the matter on Sunday, saying the job cuts included numerous engineering teams, including those supporting ad technology, Twitter implementation, and the technical infrastructure involved in keeping Twitter’s systems running. Twitter did not immediately respond to a request for comment from US media, according to Al-Hurra TV.

In early November, Twitter laid off about 3,700 employees in a cost-cutting measure by Musk, who acquired the company for $44 billion. And the site “The Information”, which deals with American technology, indicated that the recent job cuts are aimed at offsetting the decline in revenues after the company’s mask took over, and also at reducing the number of employees , which had already decreased by at least 70 percent, to reach about two thousand employees. Musk said in November that the service was experiencing a “significant decline in revenue” as advertisers held back spending due to content management concerns.

Read More About: Technology News

Leave a Reply