One more lay off in Twitter, what’s happening, will this social app go down in 2023

Key Takeaways:

• According to the people who asked to remain anonymous while discussing private changes, employees in the company’s Dublin and Singapore offices were impacted by at least a dozen additional cuts on Friday night.

As per the people with knowledge of the situation, Twitter Inc., now owned by Elon Musk, has further decreased the trust size and also the safety team in charge of managing global content moderation as well as the division in charge of dealing with harassment and hate speech.

As per the people who asked not to be identified discussing private changes, at least a dozen additional cuts on Friday night affected employees in the company’s Dublin and Singapore offices. 

They included Analuisa Dominguez, senior director of revenue policy at Twitter, and Nur Azhar Bin Ayob, head of site integrity for Twitter’s Asia-Pacific region.

Employees on teams of state media on the platform, global appeals, and the social network’s misinformation policy were also fired.

Twitter’s head of trust as well as safety, Ella Irwin, acknowledged that some team members had been let go but refuted Bloomberg’s assertion that some of the areas they targeted were among them.

In response to a request for comment, Irwin responded via email, “It made more sense to consolidate teams under one leader (instead of two), for example.”

She claimed that Twitter eliminated positions in departments that didn’t generate enough “volume” to warrant continued funding. 

She did, however, mention that Twitter had increased staffing in its appeals department and would keep a head of revenue policy and a head for the Asia-Pacific region of the platform for trust and safety.

In October, Musk paid $44 billion to Twitter, partially financing the transaction with debt totalling almost $13 billion, with interest payments of about $1.5 billion annually. 

Since then, he has been working furiously to revamp the social media site, which he claims is at risk of going out of business and was losing $4 million per day as of early November.

The erratic businessman compared the organisation to a “plane that is heading towards the ground at great speed with the engines on fire and also the controls don’t work” while speaking at a Twitter Spaces event last month.

Of Twitter’s 7,500 employees, Musk has overseen the termination or departure of about 5,000 people since taking over the business. He has also imposed a “hardcore” work environment on the remaining employees.