Twitter to make job cuts after Elon Musk takeover

  • 📰 BBCTech
  • ⏱ Reading Time:
  • 36 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 55%

United Kingdom Headlines News

United Kingdom Latest News,United Kingdom Headlines

The social media giant says staff will be told on Friday whether they are to be laid off.

Twitter says it will inform its staff on Friday about whether they will be laid off following the firm's takeover by Elon Musk.

It added that office access would be limited "to help ensure the safety of each employee as well as Twitter systems and customer data".Reports in US mediathat Mr Musk was looking to cut 3,700 jobs, about half of Twitter's workforce. Cryptocurrency platform Binance invested in Twitter as part of Mr Musk's takeover. Earlier, Changpeng Zhao, its chief executive, said that "a slimmer workforce would make more sense".

In addition to the verification badge, those who pay could have their tweets promoted more widely and see fewer adverts.Twitter has not made a profit in several years and its number of users has remained fairly static at about 300 million a month.

 

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

This is the type of twitter cull that most of us have been waiting for. 😂😂😂

And the downhill plunge continues. Enron Musk wants to turn this into a Kirkland brand Parlor.

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:

 /  🏆 81. in UK

United Kingdom Latest News, United Kingdom Headlines

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

Barclays urges customers to trust gut feeling to avoid Black Friday scamsSeven in 10 people ignore their gut feeling in situations involving money – leaving them more vulnerable to scammers, new research from Barclays has claimed.
Source: The Yorkshire Post - 🏆 39. / 66 Read more »

Walmart pre-Black Friday deals: iPad Air and Apple Watch SE fall to record-low pricesPlus, a sneak peek of the main Black Friday sale at Walmart
Source: techradar - 🏆 51. / 63 Read more »

DreamCloud better-than-Black Friday mattress sale is about to end – don't miss itGet 25% off everything plus $499 of accessories in this cheap mattress flash sale
Source: techradar - 🏆 51. / 63 Read more »

Royal Mail Strike Dates As Action Planned For Black Friday And Cyber MondayPostal workers are striking over pay and working conditions.
Source: HuffPostUK - 🏆 108. / 51 Read more »

Nintendo of America has revealed its first Black Friday 2022 deals | VGCNintendo of America has revealed its first Black Friday 2022 deals, including a familiar Mario Kart 8 Deluxe hardware bundle and software promotions Nintendo discounts be like 'Get $2.96 off this game that came out 10 years ago' That bundle has been passed around for years when they going to let her rest Not surprised but Damn at least do a different game like Switch Sports or something.
Source: VGC_News - 🏆 125. / 51 Read more »

Royal Mail postal workers to strike on Black FridayAround 115,000 Royal Mail workers plan to walk out on four days in dispute over pay, a union says.
Source: BBCLondonNews - 🏆 115. / 51 Read more »