All the noise generated around the purchase of Twitter by Elon Musk keep going. The tycoon will fire half of the company’s staff, according to leaks, and even more radical changes are expected.
Bloomberg is the main source of information.
Initially it was said that Musk would cut 75% of Twitter workers, but now the figure is reduced to “only” 50%.
Elon Musk’s firing lists on Twitter
The Bloomberg report indicates that the workforce will be reduced to 3,800 employees in total, laying off about 3,700 workers. The official notification will be made this Friday, and they would be granted severance pay for 60 days, in the absence of more precise terms.
According to the portal, Musk and his team created “layoff lists” with employees who “have contributed the least to the platform code”.
It is not the first time this has happened in the year in an Elon Musk company. The tycoon got rid of 200 workers from his electric vehicle company, Tesla, specifically dedicated to running Autopilot.
This is the driving assistance system for your vehicles.
Musk’s main argument is based on the post-pandemic crisis, in addition to inflation in the United States. In addition, the billionaire said that in the past “Tesla had overhired”, according to EFE.
Platform changes continue
Musk bought Twitter for $44 billion at the end of October, after several months of back and forth, arguing that the number of bots on the microblogging platform was greater than what the executives said.
This week the tycoon stepped on the gas pedal, announcing that the blue verification badge would cost $8, after being free and granted by the company based on the authenticity of the user. Initially it was said that it would be worth 20 dollars, reducing the cost later.
“You get what you pay for,” Musk said in one of his tweets. And in another earlier he noted: “To all the complainers, keep complaining, but it will cost $8.”
Among the benefits of the blue verification badge are the possibility of publishing longer videos and audios, as well as generating rewards for creators.
JUST IN 🚨 Bloomberg is reporting that Twitter to allow government accounts to stay verified, as well as those in regions where Twitter cannot charge payment
— Insider Paper (@TheInsiderPaper) November 3, 2022
A Bloomberg report indicates that Twitter will allow government accounts to remain verified, as well as accounts in areas where the company cannot receive payments.