Twitter employees had started posting online that they think they’ve lost their jobs even before the company made an official announcement later on Friday. The company says it will let its employees know if they still have jobs after Elon Musk takes over. People leaving their jobs are tweeting with the hashtag #LoveWhereYouWorked and a saluting emoji. Yash Agarwal, who worked in public policy, said that working for Twitter was “the best thing that could ever happen.”
In an email sent to employees, the social media company said that the layoffs are “an attempt to put Twitter on a healthy path.” The company also said that it would temporarily limit access to its offices. And that employees would only be able to go in once they knew if they had lost their jobs.
Twitter’s CEO is the person who bought the company for $44 billion (£39.3 billion) last week. The company said that access to the office would be limited right away. To help make sure that all employees, Twitter systems, and customer data are safe.” By 9 a.m. Pacific time (16:00 GMT) on Friday, all staff will get an email with the subject “Your Role at Twitter.” Twitter says that workers who are not affected will be told through their company email.
Job Cuts Across Twitter
Sources claim that Twitter will cut 4,000 of the 8,000 jobs available. The platform needs help making money. Making a dent in the wage bill is one way to fix the problem. Simon Balmain, a senior community manager for Twitter in the UK, told the BBC that he thought he had been fired because he was logged out of his work laptop and the Slack messaging program.
Everyone got an email saying that a lot would cut the number of employees. Then, about an hour later, Twitter remotely wiped people’s laptops and cut off their Gmail and Slack access. Another Twitter employee said he was waiting anxiously for an email to tell him if he still had a job. He said he would probably stay up late waiting for the message.
Bloomberg said that unnamed sources said that some senior staff was asked to make lists of people on their teams who should be let go. As part of Mr. Musk’s takeover, the cryptocurrency platform Binance put money into Twitter. Changpeng Zhao, the company’s CEO, had said that “a smaller staff would make more sense.”
During his talk at the Web Summit in Lisbon, Mr. Zhao also said that the platform should be faster at adding new features because it needs more staff......Read More
Source: California Gazette
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