October 1, 2023

Twitter stirred, more jobs would go away, Elon Musk orders layoff of employees

Twitter has 238 million daily users. Twitter is a favorite platform for many companies, politicians, journalists and other public figures. After formally taking over Twitter, Elon Musk sacked top executives including CEO Parag Agrawal. Now, a series of alleged conversations between the Tesla CEO Elon Musk and top Twitter executives – founder and former CEO Jack Dorsey, former CEO Parag Agrawal and Bret Taylor – chair of Twitter’s board of directors have appeared online. The alleged chat and email messages have been shared by Internal Tech Emails on Twitter. Here’s how things unfolded. Musk has announced the creation of a Content Moderation Council for Twitter.

Elon Musk has also made it clear that no decision will be taken on content related or reinstatement of banned accounts before the council meeting. A decision will be taken to restore the closed accounts only after the review of this council. Elon Musk has shown the way out of the CFO, CEO and Policy Chief of the micro blogging site as soon as he took charge. Twitter CEO Parag Agarwal and finance chief Ned Segal have left the company’s San Francisco headquarters.

Twitter Management asked to prepare list

According to media reports, billionaire entrepreneur Elon Musk, who completed the formalities of Twitter’s Takeover for US $ 44 billion on Thursday. The managers are then asked to prepare a list of team members who can be let go. The person giving information about this matter has asked not to reveal his identity. On the other hand, according to media reports, the New York Times says that concerns have increased over large-scale layoffs due to Musk’s personal transactions.

Will 75 percent people layoff from their jobs?

According to media reports, potential investors have been told that they will eliminate 75% of the workforce. At present, about 7500 people work in Twitter. Although Musk later denied that he would take such a massive cut. But it has not been disclosed yet, how many people can be fired. Recently, Elon Musk acquired Twitter and was the first to sack Twitter CEO Parag Agarwal. Along with this, other big company managers were also discharged.

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