Elon Musk’s Twitter Tells Staff Layoffs Will Be Announced Friday

wall street journal2022-11-04

Twitter Inc. has told employees it would notify them about head-count reductions on Friday, a move that comes about a week after billionaire Elon Muskacquired the social-media company.The company, in ...

Source Link
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • robot1234
    2022-11-05
    robot1234
    Elon Musk says Twitter has had ‘massive’ revenue drop as advertisers pause spending. Twitter has suffered a “massive drop in revenue” because of advertisers pausing spending on the social media platform, Twitter and Tesla CEO Elon Musk said Friday without providing numbers. Major companies including General Mills, Audi and General Motors said they would temporarily pause their ad spending on Twitter to see how things would change there under Musk’s ownership. Twitter’s ad revenue had been on the decline before Musk’s takeover was complete, and before civil society organizations began pressuring brands, according to ad analytics platform MediaRadar. Musk in a tweet Friday, addressed the layoffs, saying: “Regarding Twitter’s reduction in force, unfortunately there is no choice when the compa
  • Deonc
    2022-11-04
    Deonc
    Twitter is planned to layoff thier head-counts
  • iamateh
    2022-11-04
    iamateh
    wow
  • WilKoh
    2022-11-04
    WilKoh
    Wow
  • kaido
    2022-11-04
    kaido
    Ok
  • Just Josh
    2022-11-04
    Just Josh
    [Smile] 
Leave a comment
46