Twitter informs that there will be layoffs on Friday!
Ever since Elon Musk took over Twitter, there has been rumors about the layoffs that will happen on Twitter, and it looks like they will start soon.
There were rumors that layoffs would begin with Elon Musk's acquisition of Twitter. In this context, the dismissals in question did not remain as rumors, but began to take place. it looks like layoffs start on friday. According to internal messages obtained by The New York Times and The Washington Post, half of the workforce will be laid off.
Twitter informs that there will be layoffs on Friday!
Musk did not really lose time after he took over the platform and started tom take action right away. His first move was to fire Parag Agrawal, the company's then-CEO, and other leaders. Over the past week, the company has lost a number of other executives. Twitter stated in an email that it must "go through the difficult process of reducing [its] global workforce on Friday" and that the move "is unfortunately necessary to ensure the company's success moving forward." The email was sent to employees.
On Friday, Twitter's offices will be closed, so employees are being asked to stay home and wait for news about their fate. Through their work emails, those who are selected to keep their jobs will receive an email with the subject line "Your Role at Twitter."
While the main reason for the layoffs is to cut down on spending, it is also a matter of curiosity what will be the next moves of Musk. Twitter is attempting to diversify its sources of revenue, and some major advertisers are wary of the new regime. For verified users to keep their blue checkmark, Musk intends to charge $8 per month for Twitter Blue. Musk claims that the service will offer new features, including the ability to include longer videos in tweets and fewer advertisements for subscribers.
