20 C
Mumbai
Thursday, January 26, 2023
spot_img

From 7,500 to just 1,300: Drastic cut in Twitter’s workforce after Musk bought it

- Advertisement -

Elon Musk officially became the new owner of Twitter on October 28. The overall headcount before Musk bought Twitter was 7,500, but the company now has just 1,300 full-time employees.

Before Musk purchased Twitter, the company had a total of 7,500 employees. Twitter presently employs less than 550 engineers. Twitter’s trust and safety division, which is in charge of keeping users “safe,” currently employs less than 20 full-time staff. Elon Musk officially became the new owner of Twitter on October 28.

There have been significant changes since then, none more so than the amount of individuals who work at Twitter. According to the media, Twitter today employs just 1,300 full-time employees.

According to the source, the overall headcount prior to Musk’s acquisition of Twitter was 7,500. Twitter presently employs less than 550 engineers. Twitter’s trust and safety division, which is in charge of keeping users “safe,” currently employs less than 20 full-time staff.

Interestingly, the story claims that according to internal statistics, Twitter still employs 1,400 ‘non-working’ workers. These are personnel who are still paid by Twitter but do not carry out their duties.

According to the article, several of these non-working staff departed when Musk asked them to sign a promise that included “ultra hardcore” work and extended working hours at the firm.

Musk also recruited around 130 workers from his other two firms, Tesla and SpaceX, to work at Twitter.

Twitter’s financial difficulties:

According to The Information, Twitter’s daily income on January 17 was 40% lower than the same day the previous year.  It was also stated that over 500 of Twitter’s major advertisers had stopped spending on the platform after Musk’s takeover.

However, Musk claims that all is not lost. According to a source, Twitter signed content sponsorship deals with over a dozen news publications, media firms, and sports leagues in the first half of this year.

Nonetheless, an engineer who recently left the firm believes that the drop in staff will have an effect on the social networking platform. The engineer stated that “the company’s code base is vast, and maintaining different sections of Twitter needs expertise of numerous platforms and programming languages.”  According to the former engineer, maintaining Twitter reliability may be difficult with fewer personnel.

(To receive our latest news on WhatsApp daily, please click here. To receive it on Telegram, please click here.)

Related Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisement -spot_img

Latest Articles