twitter layoffs india, Twitter lays off employees without notice; Again 4,400 employees lay off! – Twitter has now sacked 4,400 contractual workers – recession2k22 report

Many tech companies are laying off employees in order to reduce their costs to cope with the global economic slowdown. In that vein, last week Twitter laid off nearly 50% of its workforce, 7,600 employees, in an unprecedented move. Following this, the company has now laid off 4,400 contract workers.

According to reports, Twitter has now laid off about 4,400 of its 5,500 contract employees. The layoffs have reportedly taken place in content control and core infrastructure divisions.

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Shortly after Elon Musk took over Twitter, it had already announced layoffs as part of cost-cutting efforts due to the global recession. Following this, on November 4 the company laid off around 50% of its 7,600 employees. However, it claimed that some were mistakenly dismissed and asked to rejoin.

Twitter laid off 90% of its employees in India

Last week, Twitter India laid off 90 percent of its employees. Of the 200-plus people working in India, the social media giant has laid off 90% of its employees. Employees said a “significant chunk” of Indian employees were laid off.

Elon Musk, the world’s richest man, bought Twitter on October 27 for $44 billion. Subsequently, Musk fired CEO Barak Aggarwal and the CFO and some other top executives.

Elon Musk justified the layoffs by saying the company was losing about 4 million a day. According to the Twitter CEO, all those who left will be paid 3 months’ salary, and that “on Friday we will go through the difficult process of reducing our global workforce in an effort to put Twitter on a healthy path.”