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'Most Firms Are Late': Jack Dorsey's Block Cuts 4,000 Jobs Amid AI Layoffs
Twitter co-founder Jack Dorsey said they opted for a single deep round of cuts instead of multiple smaller layoffs over time.
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Twitter Sued Again Over Severance Pay, Lawsuit Claims Company Owes at Least $500 Million to Ex-Workers
Twitter on Tuesday was hit with the second lawsuit this month to claim that it owes at least $500 million in severance pay to ex-workers, the latest in a series of cases arising from Elon Musk's acquisition of the social media company.
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US Company Throws Lavish Party For Employees, Then Lays Off 13 Per Cent Workforce
In late April, many employees took to Twitter to share pictures of the party and of them having a good time. However, a few days later, some of them revealed the layoffs at the company.
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Elon Musk Told to Hire More Staff to Moderate Twitter to Comply With EU's Digital Services Act: Report
Twitter CEO Elon Musk has been told by EU regulators to hire more human moderators and fact-checkers to review posts on Twitter, according to a report. Musk has laid off more than half of Twitter's 7,500 workforce, while seeking cheaper methods to monitor tweets on the platform.
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Engineers, Data Experts Among Over 200 Employees Fired By Twitter: Report
Twitter has laid off at least 200 employees, or 10 percent of its workforce, according to The New York Times, as job cuts continue at US tech behemoths.
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Twitter Lays Off Around 10 Percent of Its Workforce in Latest Round of Job Cuts: Report
In a fresh round of job cuts, Twitter has laid off at least 200 employees, or about 10 percent of its workforce, the New York Times reported late on Sunday. Twitter did not immediately respond to a Reuters request for comment. The company has a headcount of about 2,300 active employees, according to Musk last month.
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Facebook Parent Meta Plans Another Round of Job Cuts, May Lay Off Over 1,000 Employees: Report
Facebook-parent Meta Platforms is planning a fresh round of job cuts in a reorganisation and downsizing effort that could affect thousands of workers, the Washington Post reported on Wednesday. Last year, the social media company let go 13 percent of its workforce — more than 11,000 employees — as it grappled with soaring costs and a weak adv...
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Elon Musk Shuts Two Twitter India Offices Months After Firing Over 90 Percent of Staff in India: Report
Twitter India has shut down two out of three offices in the country, months after Elon Musk laid off over 90 percent of the company's workforce in the country. The firm reportedly continues to operate its third office in Bengaluru that mostly houses engineers.
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Philips Cuts 6,000 Jobs After Sleep Device Recall Losses Deepen: Report
Embattled Dutch medical tech maker Philips said on Monday it will slash 6,000 more jobs worldwide after fresh losses caused by a massive recall of faulty sleep respirators.
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Twitter Sued by Britain's Crown Estate Over Alleged Unpaid Rent for UK Headquarters
Twitter is facing court proceedings in the UK after Britain's Crown Estate, an independent commercial business that manages the property portfolio belonging to the monarchy began court proceedings against the microblogging platform over alleged unpaid rent. Twitter's office in London was left deserted after the company laid off half its workforce f...
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'Most Firms Are Late': Jack Dorsey's Block Cuts 4,000 Jobs Amid AI Layoffs
Twitter co-founder Jack Dorsey said they opted for a single deep round of cuts instead of multiple smaller layoffs over time.
-
Twitter Sued Again Over Severance Pay, Lawsuit Claims Company Owes at Least $500 Million to Ex-Workers
Twitter on Tuesday was hit with the second lawsuit this month to claim that it owes at least $500 million in severance pay to ex-workers, the latest in a series of cases arising from Elon Musk's acquisition of the social media company.
-
US Company Throws Lavish Party For Employees, Then Lays Off 13 Per Cent Workforce
In late April, many employees took to Twitter to share pictures of the party and of them having a good time. However, a few days later, some of them revealed the layoffs at the company.
-
Elon Musk Told to Hire More Staff to Moderate Twitter to Comply With EU's Digital Services Act: Report
Twitter CEO Elon Musk has been told by EU regulators to hire more human moderators and fact-checkers to review posts on Twitter, according to a report. Musk has laid off more than half of Twitter's 7,500 workforce, while seeking cheaper methods to monitor tweets on the platform.
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Engineers, Data Experts Among Over 200 Employees Fired By Twitter: Report
Twitter has laid off at least 200 employees, or 10 percent of its workforce, according to The New York Times, as job cuts continue at US tech behemoths.
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Twitter Lays Off Around 10 Percent of Its Workforce in Latest Round of Job Cuts: Report
In a fresh round of job cuts, Twitter has laid off at least 200 employees, or about 10 percent of its workforce, the New York Times reported late on Sunday. Twitter did not immediately respond to a Reuters request for comment. The company has a headcount of about 2,300 active employees, according to Musk last month.
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Facebook Parent Meta Plans Another Round of Job Cuts, May Lay Off Over 1,000 Employees: Report
Facebook-parent Meta Platforms is planning a fresh round of job cuts in a reorganisation and downsizing effort that could affect thousands of workers, the Washington Post reported on Wednesday. Last year, the social media company let go 13 percent of its workforce — more than 11,000 employees — as it grappled with soaring costs and a weak adv...
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Elon Musk Shuts Two Twitter India Offices Months After Firing Over 90 Percent of Staff in India: Report
Twitter India has shut down two out of three offices in the country, months after Elon Musk laid off over 90 percent of the company's workforce in the country. The firm reportedly continues to operate its third office in Bengaluru that mostly houses engineers.
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Philips Cuts 6,000 Jobs After Sleep Device Recall Losses Deepen: Report
Embattled Dutch medical tech maker Philips said on Monday it will slash 6,000 more jobs worldwide after fresh losses caused by a massive recall of faulty sleep respirators.
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Twitter Sued by Britain's Crown Estate Over Alleged Unpaid Rent for UK Headquarters
Twitter is facing court proceedings in the UK after Britain's Crown Estate, an independent commercial business that manages the property portfolio belonging to the monarchy began court proceedings against the microblogging platform over alleged unpaid rent. Twitter's office in London was left deserted after the company laid off half its workforce f...
