Twitter had just 1,300 employees out of 7,500 when Elon Musk became its sole shareholder, according to economic television station CNBC, which cites internal documents it has read.
There are 550 engineers, and only 20 people in the trust and security department (“trust and security”), despite the fact that they are responsible for ensuring the security of users and their accounts.
When Musk finally confirmed his $44 billion purchase of the social network and walked into the company’s San Francisco headquarters, he did so amid rumors that he was considering layoffs, which were immediately confirmed. staff at the time, according to the same source.
The staff cuts are due to Musk’s constant claims of wanting to cut costs, especially since Twitter’s revenue plummeted following its arrival at the company’s destinations, largely due to a massive exodus of advertisers hit by the constant changes in direction. a new owner and a new and unspecified content policy.
In early November, Musk even said Twitter was losing four million dollars a day to justify layoffs, and on Wednesday he put up for sale most of the real estate with offices in San Francisco with the stated goal of reducing these losses.
Author: Portuguese
Source: CM Jornal
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