{"id":6318,"date":"2023-02-27T14:00:05","date_gmt":"2023-02-27T19:00:05","guid":{"rendered":"https:\/\/jobbinghood.com\/magazine\/2023\/02\/27\/twitter-lays-off-10-of-current-workforce\/"},"modified":"2023-02-27T14:00:05","modified_gmt":"2023-02-27T19:00:05","slug":"twitter-lays-off-10-of-current-workforce","status":"publish","type":"post","link":"https:\/\/jobbinghood.com\/magazine\/2023\/02\/27\/twitter-lays-off-10-of-current-workforce\/","title":{"rendered":"Twitter Lays Off 10% of Current Workforce"},"content":{"rendered":"<p>Twitter Inc has laid off at least 200 employees, or about 10% of its workforce, the New York Times reported late on Sunday, in its latest round of job\u00a0cuts since Elon Musk took over the micro-blogging site last October.\u00a0<\/p>\n<p>The layoffs on Saturday night impacted product managers, data scientists and engineers who worked on machine learning and site reliability, which helps keep Twitter&#8217;s various features online, the NYT report said, citing people familiar with the\u00a0matter.\u00a0<\/p>\n<p>Twitter did not immediately respond to a Reuters request for comment.\u00a0<\/p>\n<p>The company has a headcount of about 2,300 active employees, according to Musk last month.\u00a0<\/p>\n<p>The latest job cuts follow a mass layoff in early November, when Twitter laid off about 3,700 employees in a cost-cutting measure by Musk, who had acquired the company for $44 billion.\u00a0<\/p>\n<p>Musk said in November that the service was experiencing a &#8220;massive drop in revenue&#8221; as advertisers pulled spending amid concerns about content moderation.\u00a0<\/p>\n<p>Twitter recently started sharing revenue from advertisements with some of its content creators.\u00a0<\/p>\n<p>Earlier in the day, The Information reported that the social media platform laid off dozens of employees on Saturday, aiming to offset a plunge in revenue.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Twitter Inc has laid off at least 200 employees, or about 10% of its workforce, the New York Times reported late on Sunday, in its latest round of job\u00a0cuts since Elon Musk took over the micro-blogging site last October.\u00a0 The layoffs on Saturday night impacted product managers, data scientists and engineers who worked on machine [&hellip;]<\/p>\n","protected":false},"author":495,"featured_media":6319,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-6318","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy"],"_links":{"self":[{"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/posts\/6318","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/users\/495"}],"replies":[{"embeddable":true,"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/comments?post=6318"}],"version-history":[{"count":0,"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/posts\/6318\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/media\/6319"}],"wp:attachment":[{"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/media?parent=6318"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/categories?post=6318"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/tags?post=6318"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}