The BBC is reporting Twitter staff around the world are awaiting word on weather of not they still have jobs after an email setting out mass layoffs was sent.
New owner, Elon Musk, is expected to reduce the platform’s workforce of 8,000 by as much as half.
He said Twitter has had a massive drop in revenue because activists are pressuring advertisers – something he claimed is “extremely messed up”.
At the platform’s headquarters in San Francisco, some staff indicated they still don’t know if they’ve been fired or not.
Meanwhile, Elon Musk has just told an audience of wealthy investors in New York that he paid too much for Twitter and he wanted to get out of the deal.
Musk is attending the Baron Investment Conference in Manhattan.
The billionaire bought Twitter for $44bn.
COMMENTS