Musk plans to cut about half the global workforce
Twitter has started laying off employees in India as part of a global job cut ordered by the social media platform's new owner Elon Musk to attain economies of scale
At 1 PM (IST) on Friday, Bitcoin was trading at $20,591, up 2 per cent in the past seven days, and Ethereum was at $1,579, showing a jump of 5 per cent in the same period
Twitter intends to start cutting staff Friday, the company said in an email to employees. Musk plans to get rid of half the workforce
Twitter on mobile was working fine but users on the desktop version had some troubles logging into the platform
People in the know described the mood within the India development centres and across all segments as "very fearful", with people not sure if they will have a job or not
The outage is limited to Twitter's website for PCs and not the app, according to outage-tracker Downdetector
Twitter told its employees through an email that they would receive an alert on staff cuts on their official or personal IDs on Friday
"In an effort to place Twitter on a healthy path, we will go through the difficult process of reducing our global workforce on Friday," Twitter management said in an email reviewed by Bloomberg
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In June this year, then CEO Parag Agarwal had announced that the company was bringing back the Chirp conference in November
The badges will be part of an $8-a-month subscription that could go live as early as Monday, according to people familiar with the plans.
Musk also intends to reverse the company's existing work-from-anywhere policy, asking remaining employees to report to offices -- though some exceptions could be made, the people said
Musk, 51, said the monthly payments from users for the blue tick will also give Twitter a revenue stream to reward content creators.
Musk has publicly said that he would let Donald Trump back on the site, though Trump who routinely touts his own platform Truth Social has given no indication as to whether he will return
The departures come as hateful content skyrocketed since Musk closed the deal
US officials confirmed at the time that Musk had asked the Defence Department to take over funding for the service Starlink provides in Ukraine
RuPay credit card on UPI feature is yet to see a high number of transactions as large issuers of credit cards have not onboarded the feature
The 'Chief Twit' Musk earlier said that he will reinstate Trump's account on Twitter