Selangor Journal
A 3D-printed Twitter logo is seen in front of a displayed photo of Elon Musk in this illustration taken on October 27, 2022. — Picture by REUTERS

Twitter has lost 80 pct of its workforce under Elon Musk

WASHINGTON, Jan 21 — The number of employees at Twitter has decreased by about 80 per cent since US entrepreneur Elon Musk’s multibillion-dollar acquisition, Sputnik quoted CNBC reports citing internal company records.

Before Musk finalised the US$44 billion acquisition of Twitter in late October, 2022, the San Francisco-based company had about 7,500 employees, but that number has gone down to approximately 1,300 active employees, CNBC said on Friday.

Twitter now has fewer than 550 full-time engineers and the trust and safety team includes fewer than 20 full-time employees.

The company also has around 1,400 non-working employees who are still being paid. In addition, about 75 of the company’s 1,300 employees are on leave, including 40 engineers, CNBC specified.

Musk has changed the company’s day-to-day operations, including the termination of Twitter executives who were responsible for the platform’s privacy, cybersecurity and censorship.

In December, The New York Times reported that Twitter had stopped paying rent for office space for several weeks to cut costs.

— Bernama

Top Picks

Amok incident at school part of safety demo — Police

Editor Selangor Journal

Thaipusam: Ipoh’s Sri Subramaniar temple expects over 400,000 visitors

Editor Selangor Journal

Floods: Number of evacuees rises in Sabah, unchanged in Johor

Editor Selangor Journal