Elon Musk Twitter Layoffs – Here Is Why. Over 7,5000 employees are currently bracing themselves for job cuts since Mr. Musk gain control over the last week.
The employees have been notified widely that the workforce will be reduced on Friday, November 4th.
The announcement follows Elon Musk’s acquisition of Twitter, who immediately began altering the company’s operations and product roadmap. Since then, rumors have abounded on Twitter regarding the date and size of the anticipated layoffs.
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The internal document also claims that employee badge access to Twitter’s headquarters will be “temporarily” turned off. According to the internal memo, employees will receive an email by 9 AM PST on November 4th verifying whether or not they have been laid off.
Elon Musk Twitter Layoffs – Why is Elon Musk Laying off Twitter Employees?
According to persons familiar with the situation, Bloomberg earlier this week claimed that Elon Musk intended to fire 3,700 Twitter employees or almost half of the company’s existing employees. The decision was made in an effort to reduce expenses after Musk spent $44 billion to buy the business.
Is Twitter Laying off Employees?
Yes, the first significant action by Elon Musk following the completion of his acquisition of the firm last week has been the start of significant employee layoffs at Twitter. Twitter informed staff members in an email received Thursday night and seen by NBC News that the business will email them about their employment status.
How Many People are Twitter Laying off?
The number of people Twitter is laying off is around 7,500 since Elon Musk took total control of the company. It will interest you to know that CEO Parag Agrawal and many other top executives were fired on his day as the new owner of Twitter.
Other workers at Twitter expressed dissatisfaction with Musk and the company’s other executives’ lack of internal communication over the previous week in Slack and group chats. One data scientist stated in a Slack message directed to leadership that was viewed by The Verge, “I really wish you all the best – for your sake, for the sake of your teams, and for the benefit of the many individuals and communities this product supports.” But I also hope that your failure during the past week serves as a reminder to do better.
Read the full Twitter memo to employees below;
Team,
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.
Given the nature of our distributed workforce and our desire to inform impacted individuals as quickly as possible, communications for this process will take place via email. By 9AM PST on Friday Nov. 4th, everyone will receive an individual email with the subject line: Your Role at Twitter. Please check your email, including your spam folder.
– If your employment is not impacted, you will receive a notification via your Twitter email.
– If your employment is impacted, you will receive a notification with next steps via your personal email.
– If you do not receive an email from twitter-hr@ by 5PM PST on Friday Nov. 4th, please email peoplequestions@twitter.com.
To help ensure the safety of each employee as well as Twitter systems and customer data, our offices will be temporarily closed and all badge access will be suspended. If you are in an office or on your way to an office, please return home.
We acknowledge this is an incredibly challenging experience to go through, whether or not you are impacted. Thank you for continuing to adhere to Twitter policies that prohibit you from discussing confidential company information on social media, with the press or elsewhere.
We are grateful for your contributions to Twitter and for your patience as we move through this process.
Thank you.
Source; www.ghgossip.com
