Twitter layoffs begin as Elon Musk admits ‘massive drop’ in revenue

  • 📰 GuardianAus
  • ⏱ Reading Time:
  • 45 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 98%

Australia Headlines News

Australia Latest News,Australia Headlines

Billionaire blames financial woes on activist groups ‘trying to destroy free speech in America’

One employee told the Guardian that the platform could not “function as usual” on Friday because so many members of staff had been locked out of their employee work accounts.

However, according to internal sources it appeared the “entire” curation team across Twitter had been dismissed, although the system lockouts made it difficult to be certain. Twitter’s curation team plays a key role in coverage of “civic integrity” events such as elections, breaking news and sports, ensuring users have vetted information presented as moments, trends and topics products. It is viewed internally as a key filter against misleading posts.

Staff had been informed in an email on Thursday that the cuts were coming. “In an effort to place Twitter on a healthy path, we will go through the difficult process of reducing our global workforce,” the email said. “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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

bots reading ads,,,,productive! the birth of AI will be something to see!

he only has himself to blame...

dump & burn

I’m not surprised

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in AU

Australia Latest News, Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Twitter sees sudden mass layoffs as Elon Musk admits ‘massive drop’ in revenueClaims that the social media platform’s entire curation team was dismissed prompts fears content could become ‘more toxic’ How to blow $44 billion!$ Won't be able to meme your way out of this commercial failure In debt up to his eyeballs, he definitely did not listen to his smarter advisers. He could always sell to Bezos. 🤔
Source: GuardianAus - 🏆 1. / 98 Read more »

Elon Musk announces Twitter mass layoffs to begin FridayThe reduction, which will be delivered by email, comes as the new Twitter CEO was speculated to cut as much as 50% of staff elonmusk is a twt He's such a delightful personality, eh? We all know he didn't want to actually complete the deal and now he's finding ways to claw back his money. Such a hero.
Source: GuardianAus - 🏆 1. / 98 Read more »

Twitter set to begin mass layoffs after clear-out of senior ranks by Elon MuskThe social media company told employees it was beginning the 'difficult process' of reducing its global workforce after its new owner, billionaire Elon Musk, demanded deep cost cuts. and it's against the law to do so First employees, then users!
Source: SBSNews - 🏆 3. / 89 Read more »

Twitter sued by former staff as Elon Musk begins mass sackingsEx-employees say they were not given enough notice under US federal law over job losses They should’ve joined a union. Not so clever at industrial relations then? Who's gonna win when you are up against the richest chap in the world
Source: GuardianAus - 🏆 1. / 98 Read more »

‘He is poised to open the floodgates’: can Twitter survive Elon Musk – or even thrive?Since buying it, the billionaire has wasted no time shaking up the struggling social media firm, cutting staff and introducing fees. But can he make the platform matter again – or will it become a hellscape of hateful content and misinformation? If we can survive the guardians daily barrage of hack partisan journalism then I'm sure we'll survive the new twitter. i think we can survive free speech 🤔
Source: GuardianAus - 🏆 1. / 98 Read more »