Future Tech

Twitter cuts more engineering, product jobs to curb costs

Tan KW
Publish date: Mon, 27 Feb 2023, 04:08 PM
Tan KW
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Future Tech

Twitter Inc laid off more workers late on Saturday (Feb 25) in a fresh wave of cuts meant to curb costs at the social networking company now owned by Elon Musk.

The lay-offs hit employees on teams across the company, including engineering and product, according to people familiar with the situation. Some employees learned they were laid off via an email late on Saturday, the people said, and others tweeted that they learned they were terminated when they could no longer log in to the internal system.

It’s unclear exactly how many employees were impacted, though sources believe it was dozens. The Information previously reported that more than 50 people were let go. 

Twitter has not responded to a request for comment by Bloomberg News outside normal business hours.

Among those cut was Esther Crawford, one of the executives who had been in charge of Twitter Blue, the site’s subscription service, Platformer’s Zoe Schiffer said in a tweet on Sunday.

Shortly after Musk’s takeover of Twitter last year, she notably tweeted in a post that went viral that employees sometimes will have to #SleepWhereYouWork in order to meet deadlines.

In her first public comments after the report, Crawford said she was proud of the team she worked with, without confirming or disputing the details. She did not respond to an earlier request for comment.

Several start-up founders who joined Twitter via acquisitions the past few years tweeted on Sunday that they’d also been cut, including a founder of the newsletter start-up Revue and the design firm Ueno. Previously, Twitter had tried to avoid cutting founders to avoid having to expedite vesting of large stock grants, people familiar with the company said.

Musk last year eliminated more than 3,700 jobs at Twitter, or half of the company’s workforce, in a bid to drive down costs following his US$44 billion acquisition.

 


  - Bloomberg

 

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