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© Reuters. FILE PHOTO: A view of the Twitter brand at its company headquarters in San Francisco, California, U.S. November 18, 2022. REUTERS/Carlos Barria
(Reuters) – Elon Musk’s Twitter Inc (NYSE:) laid off dozens of workers on Saturday in what’s a minimum of the eighth spherical of job cuts since Musk took over the social community in late October, the Data reported.
The job cuts impacted a number of engineering groups, together with these supporting promoting expertise, the principle Twitter app in addition to technical infrastructure to maintain Twitter’s techniques up and working, the report within the U.S. expertise targeted publication stated early on Sunday, citing individuals with direct information of the matter.
Twitter didn’t instantly reply to Reuters request for a remark.
In early November, Twitter laid off about 3,700 workers in a cost-cutting measure by Musk, who acquired the corporate for $44 billion.
The Data reported that the most recent job cuts goal to offset a plunge in income following Musk’s takeover and additional whittle down a employees that had shrunk by a minimum of 70% to roughly 2,000.
Musk in November stated that the service was experiencing a “huge drop in income” as advertisers pulled spending amid considerations about content material moderation.
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