When Elon Musk bought Twitter last October, he signaled that he would part ways with a valuable number of employees. However, it seems that this plan of Musk has exceeded even expectations, and the dismissal rate has reached a level close to 80 percent in the past months.
CNBC says Twitter had about 7,500 employees prior to Musk’s takeover. But right now the company The remaining number of employees is around 1,300.and less than 550 of them are full-time engineers.
In addition, CNBC states that 75 employees, including 40 engineers, are currently on leave, while the Faith and Security group, which oversees the site’s content control, has been left to fewer than 20 full-time employees.
Elon Musk’s controversial Twitter adventure
Musk has made a number of controversial decisions since buying Twittwr. Along with the number of employees it has laid off, it has brought back a number of very right-wing and controversial accounts that were previously permanently banned. He made critical operational decisions based on Twitter surveys.
And in doing so, he tried to ban numerous accounts, from critical journalists to college students. The $8 Blue subscription plan was launched after a few hesitations. Meanwhile, advertisers wanted to move away from the company, while ad revenue reportedly fell by 40 percent.
In short, Elon Musk seems to continue to pour fuel into the fire, instead of preventing things from going awry since the day he decided to buy Twitter. At the moment, no one can guess what this trend will show us in the coming days.