Twitter sent email regarding layoffs on Friday

Forum Moderators: not2easy & rumbas

Message Too Old, No Replies

Twitter sent email regarding layoffs on Friday

tangor

5:34 am on Nov 4, 2022 (gmt 0)

3700 of 7500 globally were told via email to stand down for the Friday workday and await a later email regarding their continued employment. This is a 50% reduction in workforce.

“In an effort to place Twitter on a healthy path, we will go through the difficult process of reducing our global workforce on Friday,” an email from the company sent to all employees stated. “We recognize that this will impact a number of individuals who have made valuable contributions to Twitter, but this action is unfortunately necessary to ensure the company’s success moving forward.”

“Given the nature of our distributed workforce and our desire to inform impacted individuals as quickly as possible, communications for this process will take place via email,” the message said.

Lives will change by the end of Friday...

Will these layoffs lead to profitability? Time will tell.

engine

8:06 am on Nov 4, 2022 (gmt 0)

Apparently, according to reports, Musk has brought in many of his employees from other businesses.

engine

11:28 am on Nov 4, 2022 (gmt 0)

It seems there's now a class action lawsuit in the making [bloomberg.com...]

Marshall

12:48 pm on Nov 4, 2022 (gmt 0)

IMHO, it is wrong that one person should have so much power to disrupt so many lives.

lucy24

4:45 pm on Nov 4, 2022 (gmt 0)

3700 of 7500 globally

i.e. the 3700 of 7500 who live in at-will-employment countries?

Sgt_Kickaxe

9:46 pm on Nov 4, 2022 (gmt 0)

IMHO, it is wrong that one person should have so much power to disrupt so many lives.

- An employer supports many lives too, It works both ways. The courts decide what's right and wrong so people don't have to. Besides, Mr Musk's legal team are handling all the employee related specifics and they have experience doing so across the globe and in many companies. It's very doubtful anyone's actual legal rights will be violated intentionally.

It seems there's now a class action lawsuit in the making

- If any laws were broken lets hope there is. Every entity with an agenda is chomping at the bit to file as well. It's probably a good idea not to judge until after a judge does, though. Media disagrees, I know.

i.e. the 3700 of 7500 who live in at-will-employment countries?

- at-will-employment is a US thing? Several states have implied extensions, which the "fired, get paid anyway, but don't come to work until the automatic 60 day extension your state grants runs out" group of fired Twitter employees are benefiting from - [en.wikipedia.org...]

Copies of the layoff notices are available online after being posted by several employees. They clearly describe still being an employee until such and such a date(mostly Feb) despite not coming in to work again, including receiving all pay and benefits until then. They are also required to follow company policy until then or may face being fired for actual cause and lose those benefits prematurely.

I'm not defending Twitter, they are getting far too much free publicity and attention right now. Let the courts hear all the complaints and allow actual judges to rule on them, they don't get paid by the pageview like media does.

Sgt_Kickaxe

6:26 am on Nov 5, 2022 (gmt 0)

... and the day after the shock and drama comes the official reasoning.

"When a company is losing 4M per day there is no choice"

Will there be another quarterly report filed that would confirm or refute that Twitter was losing 4M a day? I hope so.

Dimitri

10:03 am on Nov 7, 2022 (gmt 0)

If you can do the same with half the staff, it 's the proof the business plan was bad ...

If you can't do the same after firing half the staff, it's the proof the business plan is bad ...

Others were let go before management realized that their work and experience may be necessary to build the new features Musk envisions
[fortune.com...]