Twitter reduces employment by 10%, according to the NYT.
(Reuters) The New York Times claimed late on Sunday that Twitter Inc (NYSE:TWTR) had fired at least 200 workers, or about 10% of its staff, as part of its most recent round of layoffs since Elon Musk took over the microblogging platform.
According to the NYT story, which cited individuals familiar with the situation, the cuts on Saturday night affected product managers, data scientists, and programmers who worked on machine learning and site stability, which helps keep Twitter’s various features online.
An inquiry from Reuters for feedback did not receive a response right away from Twitter.
According to Musk last month, there are approximately 2,300 working employees at the business.
The most recent employment cutbacks come after a major layoff in early November, when Elon Musk, who had just paid $44 billion for Twitter, fired about 3,700 workers as a cost-cutting measure.
In November, Musk claimed that the site had seen a “massive decline in income” as a result of marketers cutting back due to worries about content filtering.
Some of Twitter’s content creators have lately begun receiving a portion of the advertising income.
The Information reported earlier in the day that the social media network fired scores of workers on Saturday in an effort to make up for a drop in income.