The Twitter logo is seen outside Twitter’s headquarters in San Francisco, California, on October 28, 2022.
Constanza Hevia Afp | Getty Images
Elon Musk’s Twitter laid off dozens of employees on Saturday in at least the eighth round of job cuts since Musk took over the social network in late October, Information reported.
The job cuts affected various engineering teams, including those that support advertising technology, the main Twitter application, as well as the technical infrastructure to keep the Twitter system up and running, a report in the US technology-focused publication said early Sunday, citing the person who owns it. direct knowledge of the matter.
Twitter did not immediately respond to a Reuters request for comment.
In early November, Twitter laid off about 3,700 employees in a cost-cutting move by Musk, who acquired the company for $44 billion.
The information reported that the latest job cuts are aimed at compensating for the fall in revenue following Musk’s firing and reducing staff by at least 70% to approximately 2,000.
Musk in November said the service was experiencing a “huge drop in revenue” as advertisers pulled back spending over concerns about content moderation.