Twitter Cuts Engineering and Product Jobs in Latest Round of Layoffs
Twitter recently announced a fresh round of job cuts, laying off dozens of employees from its engineering and product teams. This is the latest in a series of layoffs that the social media giant has undertaken in the past few months. The company has been struggling to stay afloat during the pandemic and the economic downturn.
The layoffs come as the company has seen a decrease in its revenue and user growth. Twitter has been making efforts to cut costs, including reducing its workforce. The company has also been making changes to its product offerings, such as introducing new features and redesigning its mobile app. The employees affected by the layoffs were mainly from the engineering and product teams. Twitter has said that the layoffs were necessary to remain competitive in the current market. The company has also stated that the job cuts are part of its long-term strategy to focus on its core products and services.
In a new round of cost-cutting measures at the social networking startup Elon Musk now owns, Twitter Inc. terminated additional employees late on Saturday.
Those with knowledge of the matter said that the layoffs affected workers on teams across the organization, including engineering and product. The people said that some workers received notification of their dismissal through email late Saturday, while others tweeted that they discovered it when they were unable to access the company’s internal system.
Twitter has been trying to make its platform more attractive to advertisers and users. The company has been introducing new features, such as its “Fleets” tool, which allows users to post ephemeral messages, and its “Spaces” feature, which allows users to host audio conversations.
The layoffs come as the company continues to face scrutiny from lawmakers and regulators. Twitter has been criticized for its handling of misinformation and hate speech on its platform. The company has also been under pressure from the US government over its censorship policies.
The layoffs are a sign of the difficult times that Twitter is facing. The company is trying to stay competitive in a rapidly changing market, but it is unclear how successful it will be. In the meantime, the employees affected by the job cuts are left to find new opportunities.
A number of company founders who joined Twitter through acquisitions in recent years, including the founders of the design studio Ueno and the mailing startup Revue, tweeted on Sunday that they had also been fired. In the past, Twitter made an effort to keep founders on staff in order to prevent hastening the vesting of larger stock grants, according to people familiar with the business.
Twitter’s latest round of layoffs is yet another sign of the difficult times the company is facing. Despite its efforts to streamline its operations and focus on its core products and services, the company is still struggling to stay afloat. The job cuts are a reminder of the difficult economic environment that many businesses are facing and the need to remain competitive in order to survive.
In conclusion, Twitter’s latest round of layoffs is a sign of the difficult times that the company is facing. Despite its efforts to remain competitive, the company is still struggling to stay afloat. The job cuts are a reminder of the difficult economic environment that many businesses are facing and the need to remain competitive in order to survive.
