The company’s employee strength has sunk to its lowest level in years as Musk continues layoffs, according to a news report in Business Insider.
The current headcount for full-time employees is around 1,000, the report said, citing two people familiar with the matter.
In an interview with the BBC last month, Musk said he had fired more than 6,000 people since taking over Twitter.
He said the social media platform had only 1,500 employees, down from just under 8,000 at the time of his acquisition.
However, he did not clarify whether that number included contract workers, who are not considered full-time staff and are technically employed by a third party.
Discover the stories of your interest
While several BIg Tech companies have slashed thousands of jobs in the last few months, Musk’s Twitter was among the first to announce job cuts, citing challenging macroeconomic conditions.After completing the takeover, Musk fired some of Twitter’s top executives, including CEO Parag Agarwal, Chief Financial Officer (CFO) Ned Segal and legal affairs and policy chief Vijaya Gadde.
The first round of layoffs began in early November, when 3,700 employees were fired in a cost-cutting measure by the new boss.
Following the announcement, hundreds of Twitter’s remaining staff resigned ahead of Musk’s ultimatum that staff commit to “long hours at high intensity or leave”.
In February, the company fired 50 employees across multiple engineering teams, including those supporting advertising technology, the main Twitter app, and technical infrastructure to keep its systems up and running.
This came nearly a week after Twitter laid off employees from its ad sales team.
After firing more than 90% of its roughly 200-plus staff in India last year, Twitter also shut two of its three India offices and told staff to work from home, underscoring Musk’s mission to slash costs and drag the struggling social media service into the black.
Rivals look to take on Twitter
Meanwhile, several rival apps are trying to take on Twitter, including Mastodon, Substack and Jack Dorsey-founded Bluesky.
Bluesky, a decentralised platform cofounded by Jack Dorsey, the founder and former CEO of Twitter, is seen as a strong Twitter competitor.
Dorsey recently took to the platform to criticise Musk and his heming of Twitter, noting that Musk had not “acted right” since taking over the company.
Launched last month, the Bluesky platform is currently invite-only, with the waitlist exceeding 1 million people, according to CEO Jay Graber.
The company’s employee strength has sunk to its lowest level in years as Musk continues layoffs, according to a news report in Business Insider.
The current headcount for full-time employees is around 1,000, the report said, citing two people familiar with the matter.
In an interview with the BBC last month, Musk said he had fired more than 6,000 people since taking over Twitter.
He said the social media platform had only 1,500 employees, down from just under 8,000 at the time of his acquisition.
However, he did not clarify whether that number included contract workers, who are not considered full-time staff and are technically employed by a third party.
Discover the stories of your interest
While several BIg Tech companies have slashed thousands of jobs in the last few months, Musk’s Twitter was among the first to announce job cuts, citing challenging macroeconomic conditions.After completing the takeover, Musk fired some of Twitter’s top executives, including CEO Parag Agarwal, Chief Financial Officer (CFO) Ned Segal and legal affairs and policy chief Vijaya Gadde.
The first round of layoffs began in early November, when 3,700 employees were fired in a cost-cutting measure by the new boss.
Following the announcement, hundreds of Twitter’s remaining staff resigned ahead of Musk’s ultimatum that staff commit to “long hours at high intensity or leave”.
In February, the company fired 50 employees across multiple engineering teams, including those supporting advertising technology, the main Twitter app, and technical infrastructure to keep its systems up and running.
This came nearly a week after Twitter laid off employees from its ad sales team.
After firing more than 90% of its roughly 200-plus staff in India last year, Twitter also shut two of its three India offices and told staff to work from home, underscoring Musk’s mission to slash costs and drag the struggling social media service into the black.
Rivals look to take on Twitter
Meanwhile, several rival apps are trying to take on Twitter, including Mastodon, Substack and Jack Dorsey-founded Bluesky.
Bluesky, a decentralised platform cofounded by Jack Dorsey, the founder and former CEO of Twitter, is seen as a strong Twitter competitor.
Dorsey recently took to the platform to criticise Musk and his heming of Twitter, noting that Musk had not “acted right” since taking over the company.
Launched last month, the Bluesky platform is currently invite-only, with the waitlist exceeding 1 million people, according to CEO Jay Graber.