Twitter has laid off dozens of employees amid growing uncertainty about Elon Musk’s acquisition. The company reduced 30 percent of its talent acquisition team, which includes recruiters and others tasked with recruiting new employees, The Wall Street Journal . Twitter tells The diary that “less than 100 people” had been laid off and only the Talent Acquisition Team was affected.
Twitter previously announced a partial payment to complete Elon Musk’s acquisition as part of a broader attempt to cut costs. The status of the deal is uncertain as Musk has threatened the deal, citing concerns about the number of bots on the platform. On Thursday, The Washington Post that the deal was “seriously in jeopardy” and that “there would likely be a change of direction from Musk’s team soon”.
The subject of layoffs reportedly came up in recent Twitter conversations with Musk. The Tesla CEO said he was concerned about costs at Twitter, but didn’t directly respond to a question about whether job cuts were on the table. “It depends,” he said, according to CNBC.
Ingrid Johnson, a senior technical recruiter at Twitter, wrote in a LinkedIn post that it was “a really tough day.” “There are people who are losing their jobs who have been there for over a decade,” she wrote. “If Twitter has chosen to spend potentially billions to sue Elon and maintain a falsely inflated stock price at the expense of the people who gave their lives to build the company – that’s an even more tragic story.”
Twitter isn’t the only tech company to recently scale back hiring or firings. Meta recently said it was facing “serious times.” , , and all have also recently cut jobs.
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https://www.engadget.com/twitter-layoffs-233150630.html?src=rss Twitter lays off nearly 100 employees from its recruiting team