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Acquisitions & Takeovers author_name|Karissa Bell language|en-US Mergers provider_name|Engadget region|US site|engadget

Twitter lays off nearly 100 employees from its recruiting team


Twitter laid off dozens of employees amid growing uncertainty over the acquisition of Elon Musk. The company cut 30 percent of its talent acquisition team, which includes recruiters and others tasked with bringing in new hires. Wall Street Journal . Twitter told magazine He said “less than 100 people” were allowed to go and that only the talent acquisition team was affected.

Twitter previously made a partial announcement as part of a broader effort to cut costs as it tries to wrap up its acquisition by Elon Musk. The status of the deal is unclear as Musk threatened the deal, citing concerns about the number of bots on the platform. Thursday, Washington post He said the deal was “in grave danger” and that “a change of direction from Musk’s team is coming soon.”

The issue of layoffs reportedly came to the fore on Twitter recently. all hands with Musk. The Tesla CEO said he was concerned about the costs on Twitter but did not directly answer a question about whether layoffs were on the table. “It depends,” he said, according to CNBC.

Ingrid Johnson, a senior tech at Twitter, wrote in a post on LinkedIn that it’s been a “really tough day.” “There are people who have lost their jobs that have been there for over a decade,” she wrote. “It’s an even more tragic story if Twitter chose to sue Elon and spend potential billions of dollars to maintain an incorrectly inflated stock price at the expense of the people who gave their lives to start the company.”

Twitter isn’t the only tech company that has recently withdrawn from hiring or firing employees. Meta recently said it will face “serious times”. , and recently cut off all business as well.

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