Site navigation

More Layoffs at Twitter – About 10% of Staff Cut

Elizabeth Greenberg

,

twitter layoffs
Even those who had remained staunchly loyal to Twitter CEO Elon Musk have faced the chopping board. 

Twitter has announced a fresh round of layoffs, this time affecting around 200 employees – estimated to be about 10% of the social media company’s remaining workforce.

The news broke late on Sunday, with Twitter owner Elon Musk tweeting: “Hope you have a good Sunday. First day of the rest of your life.”

Reportedly, the layoffs include those who remained loyal to Musk throughout his tumultuous reign at Twitter, and also included some of those who ran smaller companies which Twitter had acquired earlier.

Martijn de Kuijper, founder of Revue which was acquired by Twitter in 2021, was apparently let go and locked out of his email, according to a tweet he put out over the weekend.

Furthermore, Chief Executive of Twitter Payments, Esther Crawford, was also laid off.


Recommended


On Saturday, trickles of information began to permeate, and The Information reported some Twitter employees had been locked out of their system.

The recent round of layoffs come after Musk assured his remaining workforce he had no plans for further cuts in November. The controversial social media mogul had already reduced his workforce from 7,500 to only 2,000.

Tech layoffs have overall taken a short pause in the past couple of weeks following a massive shedding of workers throughout the industry.

Social media definitely took the hit, as Meta joined Twitter is major staff cuts.

Google, Amazon, and Microsoft were other major players who announced mass layoffs after a hiring bubble during the pandemic finally burst with lowering demand and a tightening economy.

Elizabeth Greenberg

Staff Writer

Latest News

AI

Nvidia Launches Open Secure AI Alliance for AI Safety and Security

AI Business Recruitment

Nearly a Quarter of Orgs Reducing Entry-level Hiring Due to AI Automation

Business

Scottish Businesses Turn to Self-funding as Growth Confidence Dips in H2

Data Finance

Payment Leaders are Struggling to Get Real-time Data