Connect with us

News

Twitter take off: ‘Please come back’, Musk appeals for 180 degree turnaround after half the layoffs

Published

on


Twitter Latest Update: Elon Musk’s decision to lay off almost 50% of employees is being strongly criticized around the world, protests continue. Bloomberg reported that as the dispute intensified from Friday to Monday, Twitter decided to bring back more than a dozen employees.

Symbolic image of Twitter’s decision to bring back fired employees.

Twitter Latest News: SpaceX founder Elon Musk recently acquired Twitter for $44 billion. Musk’s takeover of Twitter was only a matter of time. Many important features are being introduced to replace open source. Also Twitter users have to spend extra money for Blue Tick. Not only this. But the debate lies elsewhere. Musk has already laid off more than half of Twitter’s employees. He indicated further cuts. Setting deadlines for each new project, if employees can’t meet those deadlines, they’ll be out of a job. It is a matter of great concern that many Indians are out of work due to these mask cuts. Meanwhile, Ashwini Vaishnab, the IT minister of the Government of India, criticized Twitter’s decision to lay off such employees and said, “I strongly condemn the way Twitter is laying off workers in India.” Meanwhile, another big announcement came from Twitter. In a 180-degree turn after 50% layoffs, Twitter asked its employees to come back.

Bloomberg reported that Twitter has requested the return of more than a dozen employees who lost their jobs in a U-turn. People familiar with Twitter’s move said “some of the people who are being asked to go back have been removed in error.” They were abandoned before the management realized the need to build new facilities. Now Musk feels it is necessary to bring him back.

Last Friday, Twitter announced in an email that it was laying off about 3,700 employees. The decision was reportedly taken due to cost-cutting of the platform acquired by Musk. Sadly, many employees come to the office via email and Slack to find out that they have lost their jobs.

Bloomberg described how fast and disorganized the process was, as evidenced by letter-by-letter requests to bring workers back. A Twitter spokeswoman would not comment on the company’s bringing back employees. Musk himself fired several top management employees. That list included sacked top executives, including CEO Agarwal, CFO Ned Sehgal, legal affairs and policy chief Vijaya Gadde, all of whom are Indian.

Musk wrote of Twitter, “The power of Twitter is truly unfortunate! The company was losing $4M a day and had no choice but to lay off.” According to people familiar with the matter, Twitter currently has about 3,700 employees left. Elon Musk is now pushing the remaining employees to roll out new features quickly. The situation is so dire that to meet the deadline Twitter users are forced to eat, drink and sleep in the office.

also read this news



The microblogging site has launched a new Twitter Blue subscription plan, where a verification check mark will be provided for the user. That blue tick mark costs users $8 per month. The company also said that it will introduce other features soon, including the ability to post longer videos by halving the amount of ads and priority ranking in replies, mentions and searches.

trending