Elon Musk begins massive layoffs at Twitter
Twitter announced that it would be laying off some of its employees and closing down Twitter’s advertising business. This is a clear indication that the company is suffering from a serious cash shortage.
Twitter has announced that it is going to cut up to 14,000 employees. The company announced the layoffs on its official Twitter account.
Twitter is losing a lot of its original employees, and Elon Musk has begun layoffs. The company is planning to cut more than 1,000 jobs over the next two years.
You can read the letter that was sent to employees at the company on Thursday night below:
In an effort to place Twitter on a healthy path, we will go through the difficult process of reducing our global workforce on Friday. We recognize that this will impact a number of individuals who have made valuable contributions to Twitter, but this action is unfortunately necessary to ensure the company’s success moving forward.
Given the nature of our distributed workforce and our desire to inform impacted individuals as quickly as possible, communications for this process will take place via email. By 9AM PST on Friday Nov. 4th, everyone will receive an individual email with the subject line: Your Role at Twitter. Please check your email, including your spam folder.
– If your employment is not impacted, you will receive a notification via your Twitter email.
– If your employment is impacted, you will receive a notification with next steps via your personal email.
– If you do not receive an email from twitter-hr@ by 5PM PST on Friday Nov. 4th, please email email@example.com.
To help ensure the safety of each employee as well as Twitter systems and customer data, our offices will be temporarily closed and all badge access will be suspended. If you are in an office or on your way to an office, please return home.
We acknowledge this is an incredibly challenging experience to go through, whether or not you are impacted. Thank you for continuing to adhere to Twitter policies that prohibit you from discussing confidential company information on social media, with the press or elsewhere.
We are grateful for your contributions to Twitter and for your patience as we move through this process.