Musk’s mass Twitter layoffs begin: Billionaire to fire half of 7,500 employees

Musk’s mass Twitter layoffs begin: Billionaire to fire half of 7,500 employees

Elon Musk’s mass layoffs at Twitter have begun, and the business has issued a warning to employees that they may receive termination notifications through email as it temporarily closes all of its offices.Elon Musk 's (pictured) mass layoffs at Twitter have begun, with the company warning staff to brace for firing notices by email as it temporarily seals all its offices

The company announced in a memo on Thursday evening that all employees will receive an email by 9 a.m. Pacific time on Friday informing them of their employment status.

Twitter announced that its offices will be temporarily closed and all worker credential access will be revoked in order to “help secure the safety of each employee, Twitter systems, and customer data.”

Please return home if you are in or on your way to a workplace, stated the memo.Twitter had a global workforce of some 7,500 employees at the end of 2021, and Musk (pictured on Halloween) reportedly plans to lay off up to half of them

End of 2021, Twitter had approximately 7,500 employees worldwide, and Musk apparently intends to lay off up to half of them.

The email stated, “In an effort to put Twitter on a healthy path, we will begin the arduous process of decreasing our global staff on Friday.”

We know that this will have an impact on a lot of individuals who have made great contributions to Twitter, but we must take this move to secure the company’s future success.

Elon Musk’s (pictured) mass layoffs at Twitter have begun, with the business alerting employees to expect termination notices via email as it closes all its offices temporarily.Twitter (pictured: Its office in San Francisco) said its offices will be temporarily closed and all staff badge access will be suspended in order 'to help ensure the safety of each employee as well as Twitter systems and customer data.'

End of 2021, Twitter had a global staff of approximately 7,500 employees, and Musk (seen on Halloween) apparently aims to lay off up to half of them.

Twitter (pictured: its San Francisco office) has announced that its offices will be temporarily closed and all worker badge access will be suspended in order to “help secure the safety of each employee, Twitter systems, and user data.”

The following steps for terminated employees will be communicated to them through email with the subject line “Your Role at Twitter,” according to the memo. Pictured: New York-based Twitter’s offices, as seen in a library photograph.

A late-Thursday, November 3, 2022 Twitter message informing staff of job cuts

Team,Staff who have been laid off will be notified of the next steps in a message to their personal email addresses with the subject line 'Your Role at Twitter', the memo said. Pictured: Library image of Twitter's offices in New York

Friday, in an effort to put Twitter on a healthy path, we will undergo the challenging process of decreasing our global staff. We know that this will have an impact on a lot of individuals who have made great contributions to Twitter, but we must take this move to secure the company’s future success.

Due to the dispersed nature of our workforce and our wish to inform affected persons as fast as possible, this process will be communicated by email. By 9 a.m. PST on Friday, November 4, everyone will get an email with the subject line: Your Twitter Role. Please review your email, as well as your spam folder.

If your employment will not be affected, you will get an email from Twitter.

If your employment is affected, you will receive an email with instructions on the following actions.

If you do not receive an email from twitter-hr@ by Friday, November 4, at 5:00 PM PST, please send an email to peoplequestions@twitter.com.

To assist protect the safety of each employee, Twitter systems, and customer data, we will temporarily close our offices and suspend badge access. Please return home if you are in an office or on your way to an office.

Whether or not you are affected, we recognize that this is an immensely difficult circumstance to endure. Thank you for continuing to abide by Twitter’s policy prohibiting the dissemination of confidential corporate information on social media, to the press, or elsewhere.Shortly after the email landed in Twitter employee inboxes, hundreds of people flooded the company's Slack channels to say goodbye. Twitter workers are seen above

We appreciate your contributions to Twitter as well as your patience during this transition.

Thank you.

Twitter

The Washington Post serves as the source.

 

Friday morning, Twitter employees who are not affected by the layoffs will receive an email at their place of employment.

The following steps for terminated employees will be communicated to them through email with the subject line “Your Role at Twitter,” according to the memo.

The memo suggested, “Please check your email, especially your junk folder.”

‘We recognize that this is an extraordinarily difficult event to endure, regardless of whether you are affected. Thank you for continuing to abide by Twitter’s policy against the dissemination of secret company information on social media, to the press, and elsewhere.

The news of layoffs culminates a week of high-level purges by Musk, who sought significant cost reductions and imposed a harsh new work culture across the social media corporation.

He had already purged the high ranks of the corporation, removing the CEO and top financial and legal professionals. Others, including the heads of the company’s advertising, marketing, and human resources departments, have departed over the course of the past week.

Before purchasing Twitter for $44 billion, Musk stated that the firm he would control will be “very focused on hardcore software engineering, design, information security, and server hardware.”

The previous week, he bemoaned in a tweet that there appeared to be ten persons “managing” for each individual coding.

The long-anticipated layoffs have dampened Twitter’s famously open company culture, which was revered by its employees.

Two employees told Reuters that shortly after the email arrived in Twitter employee inboxes, hundreds of people swarmed the company’s Slack channels to say farewell. Sources say that someone invited Musk to join the channel. The first week of Musk’s ownership of Twitter has been characterised by chaos and confusion. Two company-wide meetings were scheduled, but were abruptly canceled mere hours beforehand.

Managers are prohibited from holding team meetings and speaking directly with employees, according to a senior Twitter employee, who added that their communications are being watched.

The individual stated, “It feels like we’re working among the Gestapo.”

According to two persons familiar with the situation and an internal Slack message reviewed by Reuters, Musk has also instructed Twitter Inc.’s teams to find up to $1 billion in annual infrastructure cost savings.

Immediately upon the email’s arrival in Twitter employee inboxes, hundreds of individuals stormed the company’s Slack channels to bid farewell. Twitter staff are spotted above

Elon Musk takes a sink into Twitter’s San Francisco headquarters as he purchases the social media startup.

Even as Musk reduces Twitter’s expenses, he confronts risks to the company’s revenue as an increasing number of advertisers cease spending on the site out of concern that it will not remain’safe’ for businesses.

A spokeswoman for Audi informed DailyMail.com on Thursday, one week after the completion of Musk’s $42 billion purchase, “We have temporarily suspended paid support on Twitter and will continue to examine the situation.”

A representative for General Mills, which also manufactures Pillsbury, Betty Crocker, and Haagen-Dazs, confirmed a pause, stating, “We will continue to watch this new trend and evaluate our marketing expenditures.”

Last week, General Motors declared it had ‘temporarily halted’ all sponsored advertising on Twitter due to concerns over Musk’s treatment of competitors. Musk is the CEO of Tesla, a competitor.

In addition, Oreo manufacturer Mondelez International and pharmaceutical giant Pfizer have halted their Twitter advertising spending, according to a Wall Street Journal story citing sources with knowledge of the situation.

Audi and General Mills, the packaged-food giant behind Cheerios, have joined a growing list of corporations that have ceased advertising on Twitter since Elon Musk acquired the platform.

General Mills, the manufacturer of Cheerios, Pillsbury, and Haagen-Dazs, confirmed a pause, stating, “We will continue to watch this new approach and evaluate our marketing expenditures.”

Audi spokeswoman informed DailyMail.com on Thursday, “We have temporarily suspended paid support on Twitter and will continue to assess the matter.”

Thursday evening, spokespeople for Mondelez and Pfizer did not immediately reply to calls for comment from DailyMail.com.

Twitter has ceased responding to any press requests with the exception of the few Musk tweets.

Musk vowed last week that he would prevent Twitter from becoming a “free-for-all hellscape” and is now attempting to convince advertisers that he will keep his word.

Reportedly, some advertisers have pledged to permanently boycott Twitter if former president Donald Trump is permitted to return. Musk stated on Wednesday that it will be many weeks before a procedure to reinstate banned accounts is in place.

A media buyer at a big ad agency, who requested anonymity for fear of retribution, stated that the firm would meet with Musk this week to inquire about how the Tesla CEO intends to manage misinformation on social media.

The buyer also wanted to know how Musk’s promise corresponded with his own acts, such as a weekend tweet that circulated a bogus conspiracy theory about the attack on Paul Pelosi, the husband of US House Speaker Nancy Pelosi.

Other issues include Musk’s desire to increase the price of Twitter’s subscription service and serve ‘half as many advertisements,’ as well as who will serve as the point of contact for advertisers after a series of senior executives, including Twitter’s ad boss, have left the firm since he took over.

The media buyer stated that the ad agency’s key clients are likely to attend the conference.

Mondelez International, creator of Oreos, has apparently ceased investing on Twitter advertisements.

 

 

 

Musk is under pressure to avoid upsetting Twitter’s advertisers, who contribute more than 90 percent of the company’s revenue, after he tweeted in 2019 about his distaste of advertising.

He is spending his first week as CEO in New York, where he is joined by venture capitalist friends to reassure corporations that annually donate more than $5 billion to Twitter.

Angel investor and podcast presenter Jason Calacanis, who is supporting Musk in his first week as owner, wrote on Monday that Twitter had a’very fruitful day’ with advertisers and marketers.

Another media buyer told Reuters that their agency will not meet with Musk until he articulates Twitter’s strategy or provides a substantial update on how the site will serve advertisers.

This week, several clients have ceased spending on Twitter advertisements, according to a second media buyer, who declined to name the advertisers because he was not permitted to do so.

The buyer stated that some clients had already withdrawn from Twitter as a result of the months-long upheaval surrounding the purchase, and others owing to worries regarding child sexual abuse content on Twitter.

Monday, Jason Calacanis, who is supporting Elon Musk in his first week as CEO, stated that Twitter had a “very busy day” with advertisers.

Musk posted a poll on Twitter on Wednesday night, asking if advertisers should support free speech or ‘political correctness’

According to a source familiar with the situation, IPG, an advertising holding company whose clients include Coca-Cola and American Express, has instructed its clients to suspend their Twitter advertisements for the next week.

Even as Musk met with major agencies and advertisers this week, he took to Twitter on Wednesday evening to conduct a poll asking whether marketers should support free speech or “political correctness.”

Nearly 80 percent of more than two million votes were for ‘freedom of speech’

The media buyer stated, “These types of provocations are not helping to calm the seas.”

In addition, more advertisers voiced their concerns on LinkedIn regarding Musk’s takeover of the network.

‘Unless Elon employs new leaders committed to keeping this ‘free’ platform safe from hate speech, brands cannot/should not advertise on it,’ wrote Allie Wassum, global director of social and integrated media for Nike-owned Jordan shoe brand, on Linkedin.

Wassum did not provide more remark in response to a request.

 

 

</ad-slot

 

»Musk’s mass Twitter layoffs begin: Billionaire to fire half of 7,500 employees«

↯↯↯Read More On The Topic On TDPel Media ↯↯↯