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CentralMass

(16,973 posts)
Sun Oct 30, 2022, 04:25 PM Oct 2022

Elon Musk has reportedly ordered layoffs across Twitter

https://share.newsbreak.com/25jocxw5

""Elon Musk has ordered company-wide layoffs at Twitter, according to The New York Times. On Saturday, the SpaceX and Tesla executive reportedly told managers to begin drawing up lists of employees to cut. Twitter did not immediately respond to Engadget’s request for comment.

The Times could not determine how much of Twitter’s workforce Musk plans to let go – though some teams will be more affected than others. Before completing his $44 billion takeover of the company, Musk reportedly told investors he planned to lay off as much as 75 percent of Twitter’s 7,500-person strong workforce. In meeting with staff, Musk is said to have told employees he wouldn’t cut the company’s headcount so dramatically."
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relayerbob

(7,429 posts)
4. Injecting a little reality into the conversation
Sun Oct 30, 2022, 04:54 PM
Oct 2022

Seth Abramon's (probably accurate) view, spread over several posts in thie thread:


RockRaven

(19,381 posts)
5. Great. Go ahead. Do it. Drive it into the ground as fast as possible.
Sun Oct 30, 2022, 04:54 PM
Oct 2022

Accelerate the emergence of a viable clone/alternative owned and run by someone else. Sounds good to me.

PSPS

(15,322 posts)
6. The 75% reduction was going to happen anyway. Twitter has been a failing business model for years.
Sun Oct 30, 2022, 05:18 PM
Oct 2022
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