Twitter cuts 50% of its workforce

One week after buying the social media giant Twitter for $44 billion, Elon Musk announced some 3,700 job cuts across its global operations, or around half its worldwide workforce, according to Bloomberg. Employees of the California-based group, who are not unionised, have precious few options. However, a class-action lawsuit has already been filed alleging violations of California state law because the 60-day notice period for mass layoffs was not respected.

Through Caroline Crosdale. Published on 07 November 2022 Ă  11h11 - Update on 07 November 2022 Ă  11h11

The announcements were brutal. No sooner had the billionaire taken up his new post as chief executive of Twitter on 29 October than heads started to fall, starting with the previous CEO as well as the financial director and the chief lawyer,…

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