30% of the talent acquisition team was laid off today. The exact number of employees who were laid off was not shared by aTwitter spokesman.
The remaining recruitment staff will be reprioritized due to decreased hiring, and the company will 888-609- 888-609- 888-609- 888-609- The majority of hiring and backfills are being paused.
The not-particularly-profitable social platform has found itself in a precarious economic period despite the fact that hiring freezes aren't out of the ordinary in the midst of massive acquisition deals It is estimated that over 30,000 tech workers have been laid off in the last two months. In a time of economic turmoil, competitors like Meta have taken precautionary measures. Employees were told last week that they should prepare to do more work with less resources.
Since Parag Agrawal took over as CEO, there has been a lot of reshuffling within the company. Keyvon Beykpour and Bruce Falck were let go after the deal was announced.
Since December, he has made a number of personnel changes. The head of engineering Michael Montano and the chief design officer Dantley Davis left the company. The chief information security officer and head of security were the second and third leaders to leave.
Some people have been asking why alame-duck CEO would make these changes if we were acquired anyways. We need to be prepared for all scenarios and always do what is right for the company.
If Musk buys the company, he will lose his CEO role.
In a recent all-hands call with employees, Musk said that he wants to be heavily involved in product at the company, even though he doesn't have a title. At the meeting, employees of the micro-blogging site voiced their concerns about layoffs.
Costs are higher than revenue right now. He said that it was not a good situation. More than 200 employees were laid off and the San Mateo, California office was closed by Musk. It's not clear what influence Musk would have on the workforce if the deal closes.
If you have more information to give, please send it to amanda@techcrunch.com or use the Signal app.
The end of a second straight month of layoffs in tech
Top Twitter execs, including heads of revenue and consumer products, are out following Musk deal