Elon Musk’s Twitter layoffs explained
As advertisers leave Twitter and former employees sue the company, here's everything you need to know
Twitter began a massive layoff regime on Thursday and Friday,
It's decimating entire divisions of the social media platform now owned by tech mogul Elon Musk.
Why is Twitter laying off so many employees?
Musk said Twitter's workforce is too large and emphasizes content moderation, platform security, product development, and marketing.
But in buying out Twitter shareholders, Musk paid $44 billion for a company that lost $221 million last fiscal year.
How many employees have been laid off from Twitter?
It's unclear what the final number of layoffs will be, but people familiar with Musk's plans told The Post that nearly 50 percent of the company's workforce will be laid off.
Friday's layoffs were expected to target the sales, trust and security, marketing, product, engineering, and legal divisions.