Elon Musk plans massive layoffs on Twitter Archives - TV Punjab | English News Channel https://en.tvpunjab.com/tag/elon-musk-plans-massive-layoffs-on-twitter/ Canada News, English Tv,English News, Tv Punjab English, Canada Politics Thu, 03 Nov 2022 03:18:22 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.3 https://en.tvpunjab.com/wp-content/uploads/2022/03/cropped-favicon-icon-32x32.jpg Elon Musk plans massive layoffs on Twitter Archives - TV Punjab | English News Channel https://en.tvpunjab.com/tag/elon-musk-plans-massive-layoffs-on-twitter/ 32 32 Elon Musk plans massive layoffs on Twitter, nearly 3,700 jobs at risk: Report https://en.tvpunjab.com/elon-musk-plans-massive-layoffs-on-twitter-nearly-3700-jobs-at-risk-report/ https://en.tvpunjab.com/elon-musk-plans-massive-layoffs-on-twitter-nearly-3700-jobs-at-risk-report/#respond Thu, 03 Nov 2022 03:18:22 +0000 https://en.tvpunjab.com/?p=22941 New Delhi: Ever since Twitter’s new owner Elon Musk took charge of this social media company, news of new decisions has been coming out every day. However, now there is a news that can become a problem for Twitter employees. This news is related to layoffs in Twitter. Elon Musk is planning to lay off […]

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New Delhi: Ever since Twitter’s new owner Elon Musk took charge of this social media company, news of new decisions has been coming out every day. However, now there is a news that can become a problem for Twitter employees. This news is related to layoffs in Twitter.

Elon Musk is planning to lay off about 3,700 people at Twitter Inc, which will reduce the social media company’s workforce by almost half. The shocking news comes at a time when Elon Musk is trying to make up for the amount to complete the $ 44 billion Twitter acquisition deal. This news of layoffs in Twitter has come from the news published on Bloomberg, quoting people with knowledge of the matter.

People familiar with the matter said That Elon Musk will start informing the affected staff from Friday. Apart from this, Elon Musk has also expressed his intention to change the company’s existing work from anywhere policy and has asked employees to report to the office. However, there may be some exceptions.

At Twitter’s San Francisco-based headquarters, Elon Musk and his team are considering and working on a range of aspects of job cuts and other policy changes. Under this, the number of employees of the company is being considered to be reduced. In a similar aspect, it is being told that the employees who will be laid off will be offered 60 days’ salary.

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