{"id":32024,"date":"2023-01-19T05:03:54","date_gmt":"2023-01-19T05:03:54","guid":{"rendered":"https:\/\/mailinvest.blog\/index.php\/2023\/01\/19\/twitter-plans-further-layoffs-insider\/"},"modified":"2023-01-19T05:04:56","modified_gmt":"2023-01-19T05:04:56","slug":"twitter-plans-further-layoffs-insider","status":"publish","type":"post","link":"https:\/\/mailinvest.blog\/index.php\/2023\/01\/19\/twitter-plans-further-layoffs-insider\/","title":{"rendered":"Twitter plans further layoffs – Insider"},"content":{"rendered":"

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Jan 18 (Reuters) – Twitter Inc plans to put off 50 employees within the social media website’s product division within the coming weeks, information website Insider reported on Wednesday, citing two folks aware of the corporate.<\/p>\n

The layoffs, which come six weeks after high boss Elon Musk reportedly<\/a> informed employees that there wouldn’t be additional retrenchment, might cut back the corporate’s headcount to beneath 2,000, in response to the report.<\/p>\n

Twitter didn’t instantly reply to a Reuters request for remark.<\/p>\n

Musk took over Twitter in October and swiftly moved by means of numerous product and organizational adjustments. The corporate rolled out Twitter-verified Blue check-mark as a paid service and in addition laid off about 50% employees.<\/p>\n

Musk had said<\/a> in November that Twitter was going through “a large drop in income” as advertisers dropped out.<\/p>\n

Twitter’s income for the fourth quarter fell about 35% to $1.025 billion, a high advert govt revealed at a employees assembly, on-line publication the Data reported<\/a> on Wednesday.<\/p>\n

Workers cuts to date, which additionally included workers working within the content material moderation division, have stoked fears<\/a> of a surge in hate speech on the platform.<\/p>\n

Reporting by Yuvraj Malik in Bengaluru; Modifying by Maju Samuel<\/span><\/p>\n

Our Requirements: The Thomson Reuters Trust Principles.<\/a><\/p>\n<\/div>\n