22.1 C
Delhi
Sunday, November 3, 2024

Twitter Lost 80 pc of its workforce under Elon Musk – Reports

Date:

Share post:

Donate-GC-Razorpay

Washington: The number of employees at Twitter has decreased by about 80% since US entrepreneur Elon Musk’s multibillion-dollar acquisition, CNBC reports citing internal company records.

Before Musk finalized the $44 billion acquisition of Twitter in late October, 2022, the San Francisco-based company had about 7,500 employees, but that number has gone down to approximately 1,300 active employees, CNBC said on Friday.

Twitter now has fewer than 550 full-time engineers and the trust and safety team includes fewer than 20 full-time employees.

The company also has around 1,400 non-working employees who are still being paid. In addition, about 75 of the company’s 1,300 employees are on leave, including 40 engineers, CNBC specified.

Musk has changed the company’s day-to-day operations, including the termination of Twitter executives who were responsible for the platform’s privacy, cybersecurity and censorship.

In December, The New York Times reported that Twitter had stopped paying rent for office space for several weeks to cut costs.

Related articles

India summons Canadian HC representative to protest baseless references to Home Minister Amit Shah

New Delhi: India summoned the representative of the Canadian High Commission yesterday and handed over a diplomatic note...

Telangana CM counters PM Modi highlights Congress-led Govt achievements

Hyderabad: Telangana Chief Minister responded to Prime Minister Narendra Modi’s recent criticism, asserting that Telangana's performance under Congress...

Telangana CEO releases draft electoral roll for 2025

Hyderabad: Telangana Chief Electoral Officer (CEO) C Sudharshan Reddy on Saturday released the draft electoral roll for the...

Two militants killed, 4 security men injured in separate gunbattles in Kashmir

Srinagar: Two suspected militants were killed and four security men were injured in separate ongoing gunbattles in Kashmir...