We’ve been locked in the final act of the continuing opera surrounding Elon Musk’s purchase of Twitter for a while now. The drama forced the corporation to make some cuts. The Wall Street Journal (via Engadget ) reports that Twitter had to let go of roughly 100 staff.
Since Elon Musk has been attempting to acquire Twitter for some time, the deal is currently at an odd place. As a result of the several delays, Elon is also at conflict with Twitter over the prevalence of bot accounts on the social media network.
TWITTER WAS FORCED TO REDUCE WORKERS BY AROUND 100. The continuous controversy is having an impact on the daily operations of the social media organization. Previously, Twitter placed a modest employment freeze at Elons request. He did this as a part of his effort to reduce expenses at the business.
Advertisement It appears that Twitter has now begun to let rid of users. The business informed The Wall Street Journal that it was forced to send a sizable number of employees home. About 100 employees from Twitter’s hiring team and other talent acquisition divisions had to be let go.
That makes up a staggering 30% of the team’s cut for talent acquisition. This implies that significantly fewer employees will be hired by the business.
This shouldn’t be shocking as Elon previously announced a number of ways he aimed to reduce Twitter’s expenses. Not long ago, he already sent a number of senior employees home.
Advertisement The past few months have been a roller coaster because this acquisition looks to be in the wind. Not long ago, claims of sexual harassment against Elon Musk against a worker surfaced. This could have put the transaction out of commission, but it didn’t.
The amount of bot accounts on Twitter is currently the subject of a dispute between Elon and Twitter. Musk threatened to back out of the agreement as a result. We’re not really sure what will happen with this transaction right now. We’ll have to wait to see how this drama develops.