Twitter just isn’t company-wide layoffs however may seemingly proceed to restructure the enterprise, the social media firm mentioned in a submitting on Wednesday.
The submitting comes a day after Twitter sued Tesla Chief Executive Elon Musk for violating his $44 billion deal to purchase the corporate and requested a Delaware court docket to order the world’s richest particular person to finish the merger on the agreed $54.20 per Twitter share.
Twitter additionally mentioned on Wednesday it despatched Musk a proper request to approve two tailor-made worker retention applications in June, however he has not offered his consent.
Musk didn’t instantly reply to a request for remark when reached via Tesla.
Twitter staff have expressed widespread concern about Musk taking on the corporate due to his preferences for cutting headcount and other costs, reducing content material moderation and limiting distant work.
In Might, the corporate mentioned it will pause hiring and evaluation all current job presents to find out whether or not any “ought to be pulled again.”
