The billionaire entrepreneur and CEO of electric car maker Tesla cut half the staff at Twitter and has vowed to start charging users more
Former Twitter Inc. Chief Executive Officer Jack Dorsey said he regrets growing the company too quickly as the social media platform downsizes following its recent sale to Elon Musk
There's no doubt Musk is quite good at performative social media statements, but we're yet to see any actual changes made to content moderation let alone Musk's utopian vision of a digital town square
However, there is no clarity yet on the severance package to be paid to employees laid off in India
Yoel Roth, Twitter's head of safety and integrity, said that while the company said goodbye to incredibly talented friends and colleagues, "our core moderation capabilities remain in place''
In a series of tweets, Tesla CEO has blamed "activist groups pressuring advertisers" for a "massive drop in revenue" as the company engages in mass layoffs.
"There's no editors anymore," Biden added. "There's no editors. How do we expect kids to be able to understand what is at stake?"
As per Tech Crunch, key Twitter teams including Human Rights, Accessibility, Al Ethics and Curation have been axed so far by the Tesla CEO.
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Attorney Shannon Liss-Riordan said she "will be monitoring the situation" at Twitter to ensure employees receive appropriate notice and compensation.
Tweets by the company staff said teams responsible for communications, content curation, human rights and machine learning ethics were among those gutted, as were some product and engineering teams
The firings of about half of the staff on Friday also may hit hard: The leaders of several of Twitter's diversity-focused groups were part of the job cuts, according to people familiar with the matter
The global workforce reductions are expected to affect 3,700 jobs - about half of the company.
Product and engineering teams were gutted by well over 50%, according to two sources, and other groups - like communications, marketing, human rights and diversity - were almost completely eliminated
Twitter employees were notified in an email that the layoffs were set to begin. Musk is expected to cut roughly half of Twitter's roughly 7,500-person workforce.
Some advertisers are concerned that Musk could scale back content moderation, which they worry would lead to an increase in objectionable content on the platform
There's nothing in this deal to cause anyone who believed the world's richest man was an untalented amateur to change their mind
Musk's Twitter deal is problematic in many ways, not least because there's no apparent synergy between an automobile company, an aerospace-cum-internet service provider, and a social media platform
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Manuj Khurana, who quit his post as Tesla's local head of policy and business development in June, will start next week at Ather Energy