Twitter’s workforce has shrunk 80% since Musk bought the company

by time news
  • The firm with the little blue bird now has about 1,300 employees, when before the arrival of the tycoon it had about 7,500

Twitter has 80% fewer employees since the arrival of the new CEO Elon Musk, due to his new business policy and the massive layoffs that occurred during the first weeks at the head of the company. Internal company records state that Twitter’s full-time workforce has been reduced to about 1,300 active employees, including less than 550 engineers. Likewise, as reported by CNBC, Musk would have authorized the transfer of some 130 employees of other companies owned by him, such as Tesla, SpaceX and The Boring Co., to Twitter.

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The company’s internal records show that around 1,400 former Twitter employees no longer work at the company but continue to be paid. Many of them announced their departure after new CEO Elon Musk formalized hundreds more layoffs offering an ultimatum to do “extremely hard” work or leave the company.

Before the arrival of the businessman, after buying the social networking company in 2022 for 44,000 million dollars, Twitter had 7,500 employees. At the beginning of November Musk began a policy of mass layoffs that have led to lawsuits from former employees.

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