Last week, Twitter let go of nearly 50% of its workers. Some laid-off workers are being called back by Twitter to “create the new features Musk envisions.” The slaughter at Twitter last week left hundreds without jobs and inconsolable.
Last week, Twitter laid-off workers i.e. over 50% of its staff after Elon Musk instructed them to do so to turn the business profitable. According to a recent Bloomberg story, the microblogging platform is now recruiting some former employees to “create the new features Musk envisions.” The slaughter at Twitter last week left hundreds without jobs and inconsolable. Musk claimed that to turn the business profitable, and he had to terminate employees. Ad revenue, according to him, was decreasing daily.
Twitter is “reaching out to scores of employees who lost their jobs and begging them to return,” according to the new report. According to sources familiar with the situation, several employees who requested a return to work were mistakenly fired. According to the article, management “got go of the staff before it understood that their expertise and skills may be crucial to construct the additional features Musk wants.” The corporation hasn’t yet provided any information on the same.
Twitter layoffs: details
Musk, the head of Twitter, let go of close to 3700 workers worldwide last week. The whole marketing, sales, and other teams have been eliminated in India. A short time after the layoffs started, affected Twitter employees used the social networking site to discuss their years of employment there.
In response to the layoffs, Musk stated, “Unfortunately, there is no other option when the company is losing more than $4M/day except to reduce the force at Twitter. Everyone who was let go received a three-month severance package, which is 50% more than legally required.
Twitter introduced the verification subscription to charge for blue tick shortly after the significant layoffs. Twitter users would have to pay $8 per month for a blue tick, as Musk previously confirmed. Select markets, including the US, Canada, Australia, New Zealand, and the UK, can purchase a membership. In a tweet reply, Musk stated that the subscription would be accessible in India in less than a month. Several new features are included with the membership, including a blue tick, fewer advertisements, opportunities for monetizing content, and more.