Elon Musk Plans to Eliminate Half of Twitter Jobs

Elon Musk plans to cut half of the Twitter's workforce following his $44 billion acquisition, according to people with knowledge of the matter. And the social media company aims to start selling blue verification badges for user profiles as soon as next week. Ed Ludlow reports on Bloomberg Television.

[Vikingsmoke]

Yes trim the fat and get rid of the Bots. Well done 👍

[corneliahenriettaalbert]

The wisest thing that should be on everyone’s mind currently should be to invest in different streams of income that doesn't depend on the govt. Especially with the current economic crisis around the word. This is still a good time to invest in Stock, gold, silver and digital currencies(BTC, SHIBA..). kudos to JOSEFTRADE

[LTJADAN]

Thanos Snapping Twitter employees 😂😂😂😂

[logicomega]

ITs my understanding that currently less than 10% of twitter employees are technical people that actually do work ( IE developers, engineers etc). No wonder Musk wants to get rid of the dead weight. Most of the useless people can go.

[truthandjustice]

I suspect this is just round one...Twitter is rotten to the core. He needs max 1000 people.

[tporcheron]

Should be 100% and then let people apply for their jobs

[chessdad]

Why stop at 50 percent? Make it 100 percent. And the world will be a better place.

[dt]

Now this is making America great again.

[tombeacher]

Fire anyone with a liberal arts degree, raises to engineers, love it.

[ooteemike]

Charts appear to say >15.5k< bottom i could see that, but not with the macro situation though. I dont even think talkin bout the bottom is worth it atm. Macro is the worst in decades energy, inflation, rate hikes, supply shortages etc etc its the perfect storm. From 2008ish till around 2021 when the economy was boomin & the fed was printing money btc still crash about 85%. So i find it hard to accept a 75% crash for a bear market that lines up with a global recession, dont make sense to me. Institutions & whales need retail to sell so theres enough supply to meet their demand & they aint buyin yet!! The thing is retail aint got any money to ape in to btc atm & over the next 12 months or so i see less money in the system as the fed tightens & everything goes up in price. So where will the money come from in that kind of a setting?? I really dont think weve seen the bottom yet or the kind of pain coming next year after mid terms. I guess we will see, I will keep buy and just trade long term more than ever, I have made over 5.6` btc from trading with Paul Charlton in few weeks this is one of the best medium to backup your assets incase it goes bearish <You can reach Paul on ͲeIєɠɾαm PAULCHARLTON

[AZKrw]

Internal Restructuring, out with the Communists!

[spacecoastaesthetics]

Half of them aren't working anyway

[BobLee-sfmv]

The truth is that twitter really doesn’t need so many useless employees
Don’t criticize but ask yourself what you would do

[AnthonyDoesYouTube]

Facebook, Snapchat, every other social media worth their salt should do the same.

[johnlouis]

About Time !!
They have been treated as being entitled for way to long.

[blanamaxima]

I never understood this Twitter thing and for sure not planning to join it now that the scammer aquired it.

[vivekananda.madanmohan]

Feel bad for the retained employees who have to work 12hrs 7days per week. Feel bad for the fired employees.

[darkspace]

I guess there was no reason the other 50% were hired in the first place..

[finding_aether]

Ultimate Karen move. Not only did he get to speak to the manager, he manage to fire them all. True chad.

[EmersonContreras]

Sucks to be that person who goes there to do the minimal work and drink Starbucks twice a day