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BLUE UPDATE

Twitter Inc Reportedly Reaching out to the 50% of Twitter Layoffs.

Twitter Inc is reportedly reaching out to majority of employees who got their job appointments terminated unexpectedly asking them to return to work.

The Microblogging platform under the leadership of controversial billionaire Elon Musk went on a firing spree and laid off roughly half the company’s 7,500 employees on Friday November 4.

 

According to a report by Bloomberg, some of those being asked to return were laid off by mistake. They were let go before management realized that their work and experience may be necessary to build the new features Musk envisions, the people said, asking not to be identified discussing private information.
 

Twitter eliminated close to 3,700 jobs via email last Friday. Many employees learned their positions had been terminated after their access to company systems, like Slack and email, were abruptly cut off.

Microblogging Platform Twitter set to Put Verification fee at $20 per Month.


 

On Friday evening, Musk tweeted:

‘unfortunately there is no choice when the company is losing over $4M/day.’

 

‘Everyone exited was offered 3 months severance, which is 50% more than legally required,’ he wrote.

 



The company still has about 3,700 employees. Those remaining are being pushed by Musk to work quickly to develop and implement new features.

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