Micro blogging website Twitter has laid off 30 percent employees from their talent acquisition team. Moreover, a Twitter spokesperson has confirmed the news of these layoffs. However, the spokesperson refrained from sharing any further details about the number of affected employees.
Job cuts across U.S. tech companies
Earlier, Twitter had announced to stop most hiring across its various divisions. They have taken some strategic decision amid Twitter’s acquisition by Elon Musk. Moreover, United States based tech companies are laying off their employees in numbers in wake of rising economic concerns. Twitter is one of 140 U.S. based tech firms who have initiated layoffs. Furthermore, tech companies in United States have laid off more than 24,000 employees during this year. Some of the big names who have laid off their workers include Microsoft, Oracle, TikTok, Uber and Paypal etc. In addition, a large number of tech firms have imposed hiring freeze.
Shifting employees to various domains
Earlier, Twitter shifted employees away from audio Spaces, Communities and newsletters verticals to different areas. They shifted these employees to various domains that will have the greatest positive impact to the public conversation. Moreover, Twitter CEO Parag Agrawal fired consumer product leader Kayvon Beykpour and head of revenue product Bruce Falck in May. Furthermore, Agrawal stated that the company will review all extended offers to determine criticality and those that should be pulled back. “We are not planning company-wide layoffs, but leaders will continue making changes to their organizations to improve efficiencies as needed.” Agarwal communicated this in a memo to the Twitter’s employees.
Hiring freeze at Twitter
In addition, the microblogging firm has halted most hiring and backfills. However, they are still recruiting workers which are needed for business critical roles. “We are not planning company-wide layoffs, but leaders will continue making changes to their organizations to improve efficiencies as needed.” Twitter’s CEO Parag Agarwal further stated in his statement.
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