Elon Musk has publicly stated that he’s done cutting jobs at Twitter. But this like a lot of things that Elon has said is simply false as evidenced by this report that he’s slashed more jobs on Saturday:
Twitter has laid off “dozens” more workers as Elon Musk continues to slash costs, The Information reported.
The latest cuts, which the report said took place on Saturday, affected at least 50 staff including engineers responsible for keeping the social media platform’s systems running.
Among those who lost their jobs was Martijn Kuijper, who founded the Revue newsletter publishing platform bought by Twitter in January 2021, and then shut down last month following Musk’s takeover.
Since Musk’s $44 billion takeover in October, Twitter has laid off thousands of employees, reducing its headcount by almost 75%.
Downsizing engineers who are responsible for keeping the platform going is going to make Twitter even more unstable than it currently is. In short, it’s a really bad idea that will come back to bite Elon sooner rather than later. What is clear here is that Elon isn’t succeeding at making Twitter revenue positive, which is making him more and more desperate to get things under control. Don’t be surprised if you see reports of more job cuts at Twitter in the coming days and weeks ahead. Along with greater instability on the platform.
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This entry was posted on February 27, 2023 at 9:02 am and is filed under Commentary with tags Twitter. You can follow any responses to this entry through the RSS 2.0 feed.
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Twitter’s Latest Round Of Job Cuts Are Going To Come Back To Bite Elon Musk
Elon Musk has publicly stated that he’s done cutting jobs at Twitter. But this like a lot of things that Elon has said is simply false as evidenced by this report that he’s slashed more jobs on Saturday:
Twitter has laid off “dozens” more workers as Elon Musk continues to slash costs, The Information reported.
The latest cuts, which the report said took place on Saturday, affected at least 50 staff including engineers responsible for keeping the social media platform’s systems running.
Among those who lost their jobs was Martijn Kuijper, who founded the Revue newsletter publishing platform bought by Twitter in January 2021, and then shut down last month following Musk’s takeover.
Since Musk’s $44 billion takeover in October, Twitter has laid off thousands of employees, reducing its headcount by almost 75%.
Downsizing engineers who are responsible for keeping the platform going is going to make Twitter even more unstable than it currently is. In short, it’s a really bad idea that will come back to bite Elon sooner rather than later. What is clear here is that Elon isn’t succeeding at making Twitter revenue positive, which is making him more and more desperate to get things under control. Don’t be surprised if you see reports of more job cuts at Twitter in the coming days and weeks ahead. Along with greater instability on the platform.
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This entry was posted on February 27, 2023 at 9:02 am and is filed under Commentary with tags Twitter. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.