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Twitter’s mass layoffs begin Friday morning TechCrunch

According to one internal memo To Twitter employees, the new management under Elon Musk will begin rolling out employee layoffs Friday morning. These layoffs have been rumored since before Musk took over, with the most recent report estimating that half out of 7,500 employees will lose their jobs.

On Thursday night, all employees received an email notifying them that they would be notified of their employment status at 9 a.m. PT on Friday. Each email will be sent with the subject line “Your Role at Twitter”. If an employee resumes their job, they will be notified via work email – if they quit, they will be notified on a personal address.

“To help ensure the safety of individual employees as well as the Twitter system and customer data, our office will be temporarily closed and all badge access will be suspended,” the email said. read. “If you are at the office or on your way to the office, please come home.”

The email is signed as “Twitter”.

According to one parcel From a Twitter employee, employees flooded the internal Slack channel with blue heart emojis as they waited to know their fate tomorrow. (Update: tweet has been deleted.)

Musk’s team tried to gauge the productivity of Twitter employees by asking engineers print out the code that they have written in the last 30 to 60 days. Musk also included Tesla Engineer to look through the Twitter code.

However, it is not yet clear which parts of the company will be affected. At Tesla, Musk surpassed the entire PR team a few years ago – in that view, it’s likely he’ll be dropped from Twitter’s PR team.

Musk’s Twitter acquisition including making the company $13 billion in debt from the banks, which means Twitter will owe about 1 billion dollars a year in interest.

According to a report from Miner, Twitter Revue’s newsletter service will be shutting down later this year. Revue is buying by Twitter in January 2021 for an undisclosed amount. The report also states that Notes, a lengthy posting feature, is on hold, as are Twitter’s plans to build a crypto wallet.

When Musk first took over last week, he immediately fired four key executives: Chief Executive Officer Parag Agrawal, Chief Financial Officer Ned Segal, General Counsel Sean Edgett and Head of Legal Policy, Trust and Safety Vijaya Gadde. Twitter’s Director of Consumer Sarah Personette and Director of People and Brand Diversity Dalana resignation tomorrow.

This story is evolving…




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