excitement loses 4 million dollars per day (similar figure in euros)Justifying the staff layoffs released this Friday by its new owner, billionaire Elon Musk.
While Musk didn’t specify the total number of layoffs—the press estimates them as more than 3,700, representing more than half of the global workforce—Muk justified them in his latest tweet: “When the company loses about four million every day, there is no other choice”.
On Friday morning, Musk a drastic drop in income.
As for the laid-off employees who received an email in their mail this Friday that their contracts were terminated, Musk said this afternoon that all of the laid-offs had received a three-month offer. Compensation “50% more than legally required”.
Despite this offer, some have already sued the company for wrongful dismissal because current labor laws in San Francisco (where Twitter is headquartered) require an employee to be given at least 60 days’ notice, but that notice has not been honored. . case.
In an earlier tweet on Friday afternoon, Musk said, content moderation policies“It remains absolutely unchanged,” he added. “Contrary to what you’ve read in the press, we actually found that at certain times of the week, hate speech fell below our previous norms.”
Musk later linked to content from Twitter Trust and Security chief Yoel Roth, saying his team is dedicated to the “frontline of moderation.” it was the least interrupted.
Yet, and despite all these messages, companies like General Motors or Volkswagen They suspended their ads on Twitter until it became clear where the company was heading in terms of content.
Source: Informacion

Christina Moncayo is a contributing writer for “Social Bites”. Her focus is on the gaming industry and she provides in-depth coverage of the latest news and trends in the world of gaming.