Elon Musk claims that laid-off employees were offered three months of severance pay
Elon Musk blamed Twitter’s losses on activist groups putting pressure on top advertisers.
Twitter laid off half its work-force on Friday but said the cuts were more minor in the team in charge of preventing the spread of misinformation. As advertisers cut back on spending due to concerns about content moderation.
According to tweets from the social media company’s employees, teams responsible for communications, content curation, human rights. Also machine learning ethics and some product and engineering teams were among those laid off.
The move comes after a week of chaos also uncertainty about the company’s future beneath new owner Elon Musk, the world’s richest person. He tweeted on Friday that the service was experience a “massive drop in revenue” due to the advertiser retreat.
Musk blamed the lose on a coalition of civil rights organisations pressuring Twitter’s top advertisers to take action. If he did not guard content moderation concerns. That have grown as the country prepares for potentially pivotal congressional elections on Tuesday.
Following the layoffs, the groups stated that they would increase their pressure and demand that brands pull their Twitter ads worldwide.
“Unfortunately, there is no pick when the company is losing more than $4M/day. Musk said of the layoffs, add that everyone affected was given three months’ severance pay.
The company remained silent about the extent of the layoffs until late in the day. When the head of safety also integrity Yoel Roth. Tweeted confirmation of internal plans see by Reuters earlier in the week. Projecting the lay-offs would impact about 3,700 people or 50% of the workforce.
According to California’s employment authority, 784 employees from the company’s San Francisco headquarters and 199 from San Jose and Los Angeles were laid off.
Roth stated that the layoffs affected about 15% of his team, which is in charge of preventing the spread of misinformation also other harmful content. Also that the company’s “core moderation capabilities” remained intact.
