World, As Seen from the most beautiful islands: Ireland and Cyprus

Elon Musk goes on a firing spree


Elon Musk has started a major round of resignations at Twitter. Between Thursday and Friday, an unknown number of employees of the platform received an e-mail about this. According to an employee who can keep his or her job, the layoffs are numerous.

Exactly how many of the approximately 7,500 employees will be laid off is currently unknown. The Washington Post, which obtained the email in question, spoke to several anonymous employees of the company and describes the number of layoffs as a ” sharp decline.” “They fall down near bushes,” says one of those employees, who wants to remain anonymous for fear of reprisals.

In the near future, it will be necessary to clarify how many redundancies have actually occurred. Musk told potential investors he would lay off nearly 75 percent of his staff, according to The Washington Post. According to Bloomberg sources, Musk has denied the allegations. On Thursday, The Verge said it would involve 3,800 people, based on conversations with employees.

The newspaper also reports that employees received an email with the subject line ” your role at Twitter.” Whoever gets fired will receive that email at their personal email address instead of their Twitter email. Affected employees lose all their access to the e-mail and the internal Slack.

“To ensure the safety of every employee, but also Twitter systems and data, our offices will be temporarily closed and All Access passes will be blocked. If you are at or on your way to an office, please return home.”

Musk has borrowed more than $ 12 billion to pay for Twitter, for which he paid a total of $ 44 billion. According to the newspaper, he had previously admitted that he had overpaid for the platform. Musk wants to make Twitter profitable, which it is not yet at the moment.

Written by: Patrick O'Brien

Patrick O'Brien is a student who is taking only the first steps in journalism. The main interest is events from the world of macroeconomics and finance.

Add comment

World, As Seen from the most beautiful islands: Ireland and Cyprus

From Trinity st. to Limassol, Cyprus

Ireland and Cyprus have one thing in common. The most beautiful islands are divided. Even proportions are strikingly similar. Both nations strive for unity and a good glass of the news. More about us under the link.

Contact us

Feel free to give us a tip: [email protected]

Recent Posts