Since the billionaire Elon Musk expressed his interest in buying Twitter, he assured that his main interest after the acquisition was to clean the social network of Twitter accounts. spam, as well as trying to preserve the freedom of expression of users. However, what apparently does not interest him is the well-being of his employees, since he intends to fire almost half of the company’s workers.
Through different media, the news was shared that the new owner of the social network began to talk with those in charge of each department of the company to find out who were the most valuable workers and which were less essential to do without their services, so the numbers showed a total of 3700 workers, almost half of the total staff of Twitter employees.
Although, apparently, not all of them will be dismissals, since upon learning that the 51-year-old American businessman would take command of Twitter, a few months ago, some people chose to resign before Musk became his new boss, because He is known to have a fickle character.
Another of the changes that Musk seeks to implement in his new policies is to eliminate the well-known telework and force employees to attend the platform’s offices in person, since apparently the tycoon has never been a supporter of this form of work. for which he warned that he intends that his collaborators spend at least 40 hours a week in the company.
The main purpose of Elon Musk’s downsizing of Twitter is a cost-cutting move, since, he said in a tweet, the company was losing more than $4 million a day and the platform doesn’t generate enough revenue to pay for it. the high debt of 13,000 million dollars that he assumed at the time of the purchase.
In addition, the social network is facing a possible loss of advertising revenue, since both General Motors and L’Oréal have decided to suspend their advertising on Twitter. Faced with this situation, the businessman announced that among his plans is to increase the income of subscribers and intends to set a monthly fee of eight dollars for having the blue verification mark, among other advantages.
After laying off nearly 3,700 people via email this week, the firing process was so rushed and chaotic that at least a dozen employees were mistakenly removed from their jobs, so now the company is asking them to come back to be rehired.