Twitter fires 30% of its employees in the talent acquisition team

Advertisement
Twitter fires 30% of its employees in the talent acquisition team
Representative imageIANS
Micro-blogging platform Twitter has laid off 30 percent of employees from its talent acquisition team amid the $44 billion takeover by Elon Musk, the media reported on Friday.
Advertisement

A Twitter spokesperson confirmed these layoffs to TechCrunch, without divulging further details or the number of employees affected.

The sacked employees will receive severance packages and the company will "reprioritise' remaining recruitment staff.

Complimentary Tech Event
Discover the future of SaaS in India
The 6-part video series will capture the vision of Indian SaaS leaders and highlight the potential for the sector in the decades to come.29th Sep, 2022 Starts at 04:00 PM (35 mins)Register Now
Our Speakers
Beerud Sheth
Tim Barens
Twitter had earlier announced to halt most hiring across divisions.

As Twitter paused hiring, the micro-blogging platform last month shifted employees away from audio Spaces, Communities and newsletters verticals for areas that "will have the greatest positive impact to the public conversation".

Advertisement

Twitter CEO Parag Agrawal in May fired consumer product leader Kayvon Beykpour and head of revenue product Bruce Falck, saying there is a hiring freeze now and Twitter will also pause spending in most areas.

Agrawal had said that the company will also be reviewing all extended offers to determine criticality and those that should be pulled back.

"We are not planning company-wide layoffs, but leaders will continue making changes to their organizations to improve efficiencies as needed," Agrawal had said in a memo to employees.

Twitter has paused most hiring and backfills, except for business critical roles as determined by 'Staff' members.

"Some have been asking why a alame-duck' CEO would make these changes if we're getting acquired anyway. While I expect the deal to close, we need to be prepared for all scenarios and always do what's right for Twitter," Agrawal had said.

Advertisement
SEE ALSO:
Elon Musk's $44 billion Twitter deal is in jeopardy, says report
It's the right time on export settlements in Rupee, SBI tells RBI
{{}}