Tuesday, October 3, 2023
New York CT
No Result
View All Result
  • Home
  • News
  • Health
  • Business
  • Politics
  • Opinion
  • Sports
  • Entertainment
  • Fashion
  • Tech
  • Home
  • News
  • Health
  • Business
  • Politics
  • Opinion
  • Sports
  • Entertainment
  • Fashion
  • Tech
No Result
View All Result
newyorkCT
No Result
View All Result
Home Business

Twitter says it’s not planning big layoffs amid restructuring

admin by admin
July 14, 2022
in Business
0
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter


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.

Twitter logo
Twitter staff have expressed widespread concern about Elon Musk taking on the corporate.
AFP through Getty Photos

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.”



Source link

Tags: biglayoffsPlanningrestructuringTwitter
admin

admin

Related Posts

Ford, GM lay off 500 workers as UAW strike has ripple effect
Business

Ford, GM lay off 500 workers as UAW strike has ripple effect

October 3, 2023
Robot pet Dog-E that wags its tail, whimpers tops holiday toy wish list
Business

Robot pet Dog-E that wags its tail, whimpers tops holiday toy wish list

October 3, 2023
Elon Musk’s X hit with trademark lawsuit from marketing agency
Business

Elon Musk’s X hit with trademark lawsuit from marketing agency

October 2, 2023
Next Post

Omicron subvariant BA.5 fueling COVID surge across country

Jan. 6 Committee holds hearing focusing on lead-up to attack on Capitol

Elon Musk explains 'poop emoji' tweet cited in Twitter lawsuit

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

What celeb jewelry is really worth, how to recreate it on a budget

1 year ago
NBA Playoffs 2022: Karl-Anthony Towns propels Timberwolves

NBA Playoffs 2022: Karl-Anthony Towns propels Timberwolves

1 year ago
Elon Musk says Twitter has seen ‘massive drop’ in revenue, blames ‘activist groups’

Elon Musk says Twitter has seen ‘massive drop’ in revenue, blames ‘activist groups’

11 months ago
California Dems consider wealth tax — including for people who moved out of state

California Dems consider wealth tax — including for people who moved out of state

8 months ago

Categories

  • Business
  • Entertainment
  • Fashion
  • Health
  • News
  • Opinion
  • Politics
  • Sports
  • Tech

Topics

Adams Biden Bidens Big Bill Case CBS CEO City Court COVID Day dead deal Elon Eric George Gov Health Hochul home House Joe Judge man Mayor monkeypox Musk NYC Office Report reveals school star State time Trump Twitter Ukraine Vaccine win workers Yankees years York
No Result
View All Result

Highlights

DWTS’ Artem Chigvintsev to miss Season 32 Latin Night due to COVID

TikTok probed for hiring of execs from China-based ByteDance

Trump returns to court for Day 2 of civil fraud trial in New York

Cancer survivors share stories to inspire others at Lymphoma Research Foundation

Ford, GM lay off 500 workers as UAW strike has ripple effect

Craig Ross Jr., suspect in kidnapping of Charlotte Sena, appears in court

Trending

Charlotte Sena’s alleged kidnapper suffers from multiple sclerosis, was recluse, and broke: neighbors
News

Charlotte Sena’s alleged kidnapper suffers from multiple sclerosis, was recluse, and broke: neighbors

by admin
October 3, 2023
0

The suspected kidnapper of nine-year-old Charlotte Sena is a “recluse” who suffers from a number of...

Philly DA Larry Krasner cares about crime, now it’s Instagram

Philly DA Larry Krasner cares about crime, now it’s Instagram

October 3, 2023
Dave Roberts Looks Ahead to Playoffs

Dave Roberts Looks Ahead to Playoffs

October 3, 2023
DWTS’ Artem Chigvintsev to miss Season 32 Latin Night due to COVID

DWTS’ Artem Chigvintsev to miss Season 32 Latin Night due to COVID

October 3, 2023
TikTok probed for hiring of execs from China-based ByteDance

TikTok probed for hiring of execs from China-based ByteDance

October 3, 2023

© 2021 Newyork CT All Rights Reserved

No Result
View All Result
  • Home
  • News
  • Health
  • Business
  • Politics
  • Opinion
  • Sports
  • Entertainment
  • Fashion
  • Tech

© 2021 Newyork CT All Rights Reserved