Twitter introduced on Saturday that it is going to be firing 50 workers throughout a number of engineering groups, together with these supporting promoting expertise, the primary Twitter app, and technical infrastructure to maintain Twitter’s methods up and working, the report added.
Last week, Twitter laid off workers from its advert gross sales workforce The Information had reported.
The variety of job cuts, nevertheless, was not recognized, as per the report, which added that the social media firm had about 800 gross sales and advertising workers as of final month.
Twitter had in November final yr decreased employees from its gross sales workforce.
A day earlier than firing these workers from the advert gross sales workforce, Twitter shut two of its three India workplaces and instructed its employees to earn a living from home, underscoring Musk’s mission to slash prices and get the struggling social media service within the black.
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Twitter, which fired greater than 90% of its roughly 200-plus employees in India late final yr, closed its workplaces within the nationwide capital New Delhi and monetary hub of Mumbai, folks conscious of the matter mentioned. The firm continues to function an workplace within the southern tech hub of Bengaluru that principally homes engineers, the folks instructed Bloomberg, declining to be recognized as the data is personal.
The first spherical of layoffs started in early November, when Twitter laid off about 3,700 workers in a cost-cutting measure by Musk, who acquired the corporate for $44 billion.
Musk in November mentioned that the service was experiencing a “massive drop in revenue” as advertisers pulled spending amid considerations about content material moderation.
Source: economictimes.indiatimes.com