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Twitter Lost 80% of Its Workforce Under Elon Musk, Reports Say

JONATHAN DESVERNEY by JONATHAN DESVERNEY
January 21, 2023
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https://sputniknews.com/20230121/twitter-lost-80-of-its-workforce-under-elon-musk-reports-say-1106544915.html

Twitter Misplaced 80% of Its Workforce Beneath Elon Musk, Experiences Say

Twitter Misplaced 80% of Its Workforce Beneath Elon Musk, Experiences Say

The variety of workers at Twitter has decreased by about 80% since US entrepreneur Elon Musk’s multibillion-dollar acquisition, CNBC studies citing inner firm information.

2023-01-21T05:01+0000

2023-01-21T05:01+0000

2023-01-21T05:01+0000

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Earlier than Musk finalized the $44 billion acquisition of Twitter in late October, 2022, the San Francisco-based firm had about 7,500 workers, however that quantity has gone all the way down to roughly 1,300 lively workers, CNBC mentioned on Friday. Twitter now has fewer than 550 full-time engineers and the belief and security group consists of fewer than 20 full-time workers. The corporate additionally has round 1,400 non-working workers who’re nonetheless being paid. As well as, about 75 of the corporate’s 1,300 workers are on depart, together with 40 engineers, CNBC specified. Musk has modified the corporate’s day-to-day operations, together with the termination of Twitter executives who had been chargeable for the platform’s privateness, cybersecurity and censorship. In line with CNBC, Musk has licensed about 130 individuals from his different companies, together with Tesla, SpaceX and The Boring Firm, to work at Twitter. In December, The New York Instances reported that Twitter had stopped paying hire for workplace area for a number of weeks to chop prices.

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acquisition of twitter, variety of workers at twitter

acquisition of twitter, variety of workers at twitter

WASHINGTON (Sputnik) – The variety of workers at Twitter has decreased by about 80% since US entrepreneur Elon Musk’s multibillion-dollar acquisition, CNBC studies citing inner firm information.

Earlier than Musk finalized the $44 billion acquisition of Twitter in late October, 2022, the San Francisco-based firm had about 7,500 workers, however that quantity has gone all the way down to roughly 1,300 lively workers, CNBC mentioned on Friday.

Twitter now has fewer than 550 full-time engineers and the belief and security group consists of fewer than 20 full-time workers.

The corporate additionally has round 1,400 non-working workers who’re nonetheless being paid. As well as, about 75 of the corporate’s 1,300 workers are on depart, together with 40 engineers, CNBC specified.

Musk has modified the corporate’s day-to-day operations, together with the termination of Twitter executives who had been chargeable for the platform’s privateness, cybersecurity and censorship.

In line with CNBC, Musk has licensed about 130 individuals from his different companies, together with Tesla, SpaceX and The Boring Firm, to work at Twitter.

In December, The New York Instances reported that Twitter had stopped paying hire for workplace area for a number of weeks to chop prices.





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