In latest round of job cuts, Twitter is said to lay off at least 200 employees

Twitter laid off a minimum of 200 of its workers Saturday evening, three folks accustomed to the matter stated, or about 10% of the roughly 2,000 who had been nonetheless working for the corporate. Elon Musk, who acquired the social media platform in October, has steadily pared again its workforce from about 7,500 workers as he has sought to cut back prices.

The layoffs got here after every week when the corporate made it tough for Twitter workers to speak with each other. The firm’s inner messaging service, Slack, was taken offline, stopping workers from chatting with each other or wanting up firm knowledge, 5 present and former workers advised The New York Times.

On Saturday evening, some workers found that they had been logged out of their company electronic mail accounts and laptops, three of the folks stated – the primary trace that layoffs had begun.

Also learn | Twitter lays off one other 50 workers as price reducing continues below Elon Musk: report

By Sunday morning, the scope of the cuts was turning into clear. Some Twitter workers used the platform to publish farewell messages, whereas staff who had stored their jobs scrambled to make use of encrypted messaging companies corresponding to Signal to find out who else was left. By Saturday evening, the remaining workers had additionally misplaced entry to a Google chat service related to their work electronic mail accounts, three folks stated.

The cuts hit product managers, knowledge scientists and engineers who labored on machine studying and website reliability, which helps maintain Twitter’s varied options on-line. The monetization infrastructure workforce, which maintains the companies by way of which Twitter makes cash, was decreased to fewer than eight folks from 30, an individual accustomed to the matter stated.

Among these affected by the layoffs had been a number of founders of small tech corporations that Twitter had acquired over time, together with Esther Crawford, who based a screen-sharing and video chat app known as Squad and just lately oversaw Twitter’s effort to cost customers for verification verify marks, and Haraldur Thorleifsson, creator of design studio Ueno, which Twitter bought in 2021. Several of the founders obtained larger compensation packages as a part of the acquisitions of their corporations, which might make it dearer to put them off as their inventory and bonuses are paid out, three folks accustomed to the compensation packages stated.

Saturday’s spherical of layoffs was one of many largest since Musk advised workers in an inner assembly in late November that there have been no extra plans for workers reductions. The cuts adopted a mass layoff in early November, when Musk eradicated about half of Twitter’s workforce every week into his possession of the corporate. Smaller layoffs and resignations had since decreased Twitter’s employees to about 2,000 workers.

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