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Twitter Accused Of Legal Violations During Mass Layoffs, Again

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What’s going on: In a move to reduce costs, Elon Musk’s purchase of the social media platform Twitter resulted in the laying off of nearly 3,700 staff members (nearly half of the company’s employees) back in early November. Subsequently, hundreds more chose to resign.

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Twitter Lays Off 10% Of Its Workforce 

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Farewells were posted on Twitter by those that had been laid off, and the remaining employees used encrypted messaging services verify who was still employed. This came shortly after his decision to let go nearly half of Twitter’s workforce just a week after he had taken control of the company.

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Twitter Keeps The Layoff Trend Going For Its Trust And Safety Team

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Twitter continues to slash its workforce , with some of its trust and safety team to be on the chopping block. . Last week, Twitter employees in Dublin and Singapore were impacted by dozens of layoffs, including Head of Site Integrity for Asia-Pacific Nur Azhar Bin Ayob and Analuisa Dominguez, senior director of revenue policy. . “We

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Twitter Fires Two Of Its Top Leaders

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Twitter CEO Parag Agrawal has announced that two of the company’s leaders have been fired. . Kayvon Beykpour, General Manager of Consumer, and Bruce Falck, Revenue Product Lead, originally joined the company when Twitter acquired live video streaming app Periscope in 2015. .

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Can The World’s Richest Person Actually Afford Twitter?

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The most recent of these acquisitions has been Elon Musk’s purchase of Twitter for $44 billion, but how he does so is still up for debate. . Musk is currently the world’s richest person but has brought together nine banks to help finance his purchase of Twitter. The post Can The World’s Richest Person Actually Afford Twitter?

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Elon Musk Says “Twitter Deal Temporarily On Hold”

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Elon Musk has revealed that he is pausing his Twitter acquisition to further investigate the number of spam accounts on the platform. . Twitter deal temporarily on hold pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of users,” Musk tweeted. .

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Twitter Employees Take The Road Less Traveled And Quit In Droves

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After being given an ultimatum to commit or leave, Twitter employees have left the company in droves. . After news of the exodus spread across Twitter, the company revealed it would be closing its offices and restricting badge access until Monday. “If Instead, employees chose the unspoken third option and quit.

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