Close Menu
    Facebook X (Twitter) Instagram Pinterest YouTube LinkedIn TikTok
    TopBuzzMagazine.com
    Facebook X (Twitter) Instagram Pinterest YouTube LinkedIn TikTok
    • Home
    • Movies
    • Television
    • Music
    • Fashion
    • Books
    • Science
    • Technology
    • Cover Story
    • Contact
      • About
      • Amazon Disclaimer
      • Terms and Conditions
      • Privacy Policy
      • DMCA / Copyrights Disclaimer
    TopBuzzMagazine.com
    Home»Technology»Twitter Said to Have Clarified to Staff That There Are
    Technology

    Twitter Said to Have Clarified to Staff That There Are

    By AdminApril 19, 2023
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Twitter Said to Have Clarified to Staff That There Are

    Twitter on Thursday clarified to staff that there are no plans for company-wide layoffs since it signed a deal to be acquired by billionaire Elon Musk, after a media outlet reported that Musk is considering layoffs at the company.

    Twitter General Counsel Sean Edgett emailed employees on Thursday saying the company does not plan layoffs, according to a source who viewed the email.

    The Washington Post reported earlier on Thursday that Elon Musk told prospective investors in his deal to buy Twitter that he planned to get rid of nearly 75 percent of the company’s 7,500 workers, citing interviews and documents.

    The job cuts are expected in the coming months, no matter who owns the company, according to the Washington Post report.

    Twitter’s current management planned to pare the company’s payroll by about $800 million (roughly Rs. 6,600 crore) by the end of next year, a number that would mean the departure of nearly a quarter of the workforce, the report said.

    Twitter did not immediately respond to a Reuters request for comment.

    Human resources staff at the social media company have told employees that they were not planning for mass layoffs, but documents showed extensive plans to push out staff and cut down on infrastructure costs were already in place before Musk offered to buy the company, the Washington Post reported.

    Musk had tried to walk away from the deal to buy Twitter in May alleging the company understated the number of bot and spam accounts on the social media platform, which started a series of lawsuits between the two parties.

    Earlier this month, Musk reversed course and said he will proceed with the deal on original terms.

    © Thomson Reuters 2022

     

    Affiliate links may be automatically generated – see our ethics statement for details.

    For the latest tech news and reviews, follow Gadgets 360 on Twitter, Facebook, and Google News. For the latest videos on gadgets and tech, subscribe to our YouTube channel.

    Elon Musk Reportedly Plans to Cut Nearly 75 Percent of Twitter’s Workforce Black Panther: Wakanda Forever Tickets Now Live on BookMyShow, Paytm in India

    Read The Full Article Here

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    A surge in AI company valuations is driving the popularity of special purpose vehicles, but some involve high fees, opaque structures, and layers of middlemen (Business Insider)

    August 23, 2025

    The Best Big Screen Chromebook Is On Sale Now

    August 22, 2025

    the Trump admin plans to reallocate $2B+ from CHIPS Act to fund critical minerals projects, aiming to cut US reliance on China for key resources (Reuters)

    August 22, 2025

    Trump Is Betting Big on Intel. Will the Chips Fall His Way?

    August 21, 2025

    Q&A with Coinbase CEO Brian Armstrong on starting the company, battling North Korean hackers, stablecoin adoption, the GENIUS Act, pro-crypto Congress, and more (John Collison/Cheeky Pint)

    August 21, 2025

    Do Large Language Models Dream of AI Agents?

    August 20, 2025
    popular posts

    Good Night Oppy review: Hybrid doc is the best Pixar

    Doja Cat and Janet Jackson Wow in Menswear-Inspired Looks at

    Tulsa King Season 2: Plot, Cast, Release Date, and Everything

    COP15: What to expect at the biggest biodiversity summit in

    OnePlus Nord Watch Tipped to Be in Production, Nord Buds

    Michael Keaton “Didn’t Care” About Batgirl Getting Shelved

    How is DNA used to identify victims of mass disasters?

    Categories
    • Books (3,365)
    • Cover Story (5)
    • Events (19)
    • Fashion (2,501)
    • Interviews (43)
    • Movies (2,665)
    • Music (2,945)
    • News (156)
    • Politics (3)
    • Science (4,515)
    • Technology (2,660)
    • Television (3,390)
    • Uncategorized (932)
    Archives
    Facebook X (Twitter) Instagram Pinterest YouTube Reddit TikTok
    © 2025 Top Buzz Magazine. All rights reserved. All articles, images, product names, logos, and brands are property of their respective owners. All company, product and service names used in this website are for identification purposes only. Use of these names, logos, and brands does not imply endorsement unless specified. By using this site, you agree to the Terms of Use and Privacy Policy.

    Type above and press Enter to search. Press Esc to cancel.

    We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
    Do not sell my personal information.
    Cookie SettingsAccept
    Manage consent

    Privacy Overview

    This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
    Necessary
    Always Enabled
    Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
    CookieDurationDescription
    cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
    cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
    cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
    cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
    cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
    viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
    Functional
    Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
    Performance
    Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
    Analytics
    Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
    Advertisement
    Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
    Others
    Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
    SAVE & ACCEPT