Elon Musk has laid off about 60% of Twitter’s employees since taking over Twitter for $44 billion, and has reportedly fired another 200 employees.
The Twitter company is currently heading towards a bad situation and it has an obligation to recover it, so it is inevitable to take measures including layoffs to reduce costs and increase income, according to the Twitter company’s statement.
The New York Times reported that about 200 employees were laid off late last week. It is said that some employees got to know about their dismissal through email and some employees went to the office without knowing that they had been fired and they were unable to enter the office.
It is also said that among those who have been fired this time are the recent hires. Twitter has announced that it is continuously trying to improve its internal structure and has already suspended various benefits to the employees, but now it has again fired 10% of the employees, causing a great shock.
About 3,200 employees have been fired so far, including former Twitter CEO Barak Agarwal, and about 1,000 employees have been fired in the last five months alone. Twitter is also said to be taking any risk to control costs.