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Twitter reportedly slashes more jobs, laying off thousands of contractors

by RSB
November 14, 2022
Reading Time: 2 mins read
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Twitter reportedly slashes more jobs, laying off thousands of contractors
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Twitter laid off a big portion of its contract workforce over the weekend, based on a number of experiences.

Platformer’s Casey Newton first reported the layoffs Saturday, and stated Sunday that about 4,400 of Twitter’s 5,500 contract staff within the U.S. and overseas had been let go. The cuts got here with out warning, Newton reported, with some staff not realizing that they had been laid off till they misplaced entry to their inner Slack and e-mail. Twitter additionally reportedly didn’t notify managers of the layoffs.

The layoffs are anticipated to have “important impression to content material moderation and the core infrastructure companies that maintain the location up and working,” Newton said.

CNBC, Insider and Axios independently confirmed important layoffs. A MarketWatch e-mail to Twitter looking for affirmation or remark was not returned Sunday; Twitter not too long ago lower its whole communications workers.

Citing an inner e-mail it obtained, Insider reported the cuts have been described as a “reprioritization and financial savings train.” The e-mail stated that the affected staff’ termination shall be efficient Monday, however “system and badge entry shall be shut off instantly.”

The cuts got here just a little over every week after Twitter laid off about half its workforce of seven,500 folks, in a cost-cutting transfer following its acquisition by billionaire Tesla
TSLA,
+2.75%

CEO Elon Musk.

Learn extra: Sen. Ed Markey fires back at Elon Musk: ‘Fix your companies. Or Congress will.’





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