25.2 C
Accra
Saturday, August 2, 2025
WorldElon Musk dismisses 200 more Twitter employees

Date:

Elon Musk dismisses 200 more Twitter employees

After disclosing that the company is seeing a “huge decline in income,” Elon Musk reportedly let go at least 200 employees at Twitter.

The New York Times (NYT) reported late on Sunday that the job losses over the weekend represent about 10% of Twitter Inc.’s personnel and are the most recent round of layoffs since Elon Musk assumed control of the social media platform in October.

According to the NYT investigation, which relied on people with knowledge of the situation, those fired on Saturday night included product managers, data scientists, and engineers.

A request for comment from news organization Reuters was not immediately answered by Twitter.

Mr Musk last month said the company has a headcount of about 2,300 active employees.

The latest round of cuts comes after mass layoffs in early November, which saw Twitter let go around 3,700 employees in a cost-cutting measure by Mr Musk, who had acquired the company for $44 billion.

Tesla and SpaceX CEO Mr Musk said in November that the service was experiencing a “massive drop in revenue” as advertisers pulled spending amid concerns about content moderation.

Twitter recently started sharing revenue from advertisements with some of its content creators.

[forminator_poll id="710479"]

Latest stories

“Don’t make me and Stonebwoy fight ooo”- Samini warn netizens

Veteran dancehall musician, Samini has warned netizens to resist...

Kanye West’s Heil Hitler song bans him from entering Australia

US rapper Kanye West has been banned from entering...

Agradaa describes moment shared with President Mahama heavenly – Agradaa

Evangelist Patricia Asiedua, popularly known as Agradaa, shared a...

Dada Joe Remix extradited to face romance scam charges in USA

Ghana’s nightlife mogul and alleged crypto kingpin, Nana Kojo...

Govt launches 24-Hour Economy policy today

The government's flagship, 24-Hour Economy Policy, will be launched...

GRA sets July 16 for GHS1 fuel levy implementation

The implementation of the new GHS1 Energy Sector Shortfall...

Related stories

US travel ban against Togo, Libya, others takes effect today

Effective today, Monday, June 9, nationals of twelve countries...

Pakistan: Police in search of over 200 inmates following earth tremor

Over 200 inmates are currently on the run after...

Pope Leo XIV shares canonical acceptance

Cardinal Robert Francis Prevost has officially accepted his election...

Profile of the new Pope – Cardinal Robert Francis Prevost

"Peace be with all of you!" - the first...

Cardinal Robert Francis Prevost named as the 267th Pope, takes the name Pope Leo XIV

Cardinal Robert Francis Prevost has been elected as the...

Black smoke signals end of first day of conclave to elect new pope

A thick column of black smoke rising from the...

Siemens exec and his family involved in fatal Hudson helicopter crash

Tragedy struck New York City on Thursday when a...