BuzzFeed to lay off 200 staff as millennial media firm struggles to make profit
5 years, 11 months ago

BuzzFeed to lay off 200 staff as millennial media firm struggles to make profit

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. BuzzFeed chief executive Jonah Peretti said in a note to staff on Wednesday evening: “I’m writing with sad news: we are doing layoffs at BuzzFeed next week. “The restructuring we are undertaking will reduce our costs and improve our operating model so we can thrive and control our own destiny, without ever needing to raise funding again,” Mr Peretti said. “These changes will allow us to be the clear winner in the market as the economics of digital media continue to improve.” He added: “Even though I’m confident this is the right business decision, it is upsetting and disappointing.” More detail about the cuts is to be relayed in the coming days, Mr Peretti said.

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History of this topic

Layoffs: US Media Giant TelevisaUnivision To Slash 120 Jobs, Says Report
1 month, 1 week ago

Layoffs: US Media Giant TelevisaUnivision To Slash 120 Jobs, Says Report

ABP News  

US-Mexico media giant TelevisaUnivision is planning to slash 120 jobs as part of a major restructuring program this week, media reports said. The report by AFP cited sources in the know and said that company’s CEO, Daniel Alegre announced plans to restructure the organisation in a memo to staff on Monday. The group’s US local media chief Jesus Lara was …

Tech Layoffs 2024 continue as Mozilla, X and Samsung announce fresh round of job cuts
2 months ago

Tech Layoffs 2024 continue as Mozilla, X and Samsung announce fresh round of job cuts

India Today  

As we near the close of 2024, the wave of layoffs in the tech industry shows no sign of slowing down. Following the mass job cuts announced in 2022 and 2023, tech companies have continued to announce additional layoffs throughout this year amid economic pressures, shifting strategies, and the impact of technological advancements like AI. According to Mozilla, the layoffs …

CNN cutting about 100 jobs and plans to debut digital subscriptions before year's end
6 months ago

CNN cutting about 100 jobs and plans to debut digital subscriptions before year's end

The Independent  

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Your briefing on the latest headlines from across the US SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy CNN is eliminating approximately …

More woes for the media industry as CNN to cut 100 jobs
6 months ago

More woes for the media industry as CNN to cut 100 jobs

The Independent  

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Your briefing on the latest headlines from across the US SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy CNN will cut an …

Google Layoffs: Here's What CEO Sundar Pichai Told Employees About Job Cuts
8 months ago

Google Layoffs: Here's What CEO Sundar Pichai Told Employees About Job Cuts

ABP News  

In 2024, Google implemented a series of layoffs affecting thousands of employees, mirroring the large-scale layoff of 12,000 employees witnessed in 2023. According to a report by CNBC, during an all-hands meeting, Google CEO Sundar Pichai fielded questions from concerned employees regarding these workforce reductions. Pichai assured employees that, barring unforeseen changes, the scale of layoffs in the latter half …

BuzzFeed to reduce staff by 16% in major cost-cutting move
10 months, 2 weeks ago

BuzzFeed to reduce staff by 16% in major cost-cutting move

LA Times  

BuzzFeed on Wednesday said it is reducing its workforce by 16% in a significant move to cut costs. In a memo to employees, BuzzFeed Chief Executive Jonah Peretti said that roles in the company’s business and administrative teams would be affected by the reduction, while groups such as HuffPost, Tech, BuzzFeed Studios, Tasty and First We Feast would not see …

Tech Layoffs: Snapchat Parent Firm Snap To Fire 10% Of Its Global Workforce
11 months ago

Tech Layoffs: Snapchat Parent Firm Snap To Fire 10% Of Its Global Workforce

ABP News  

Snap, the parent company of the social media application Snapchat, announced on Monday that it would reduce its global workforce by approximately 528 employees, constituting 10 per cent of its total workforce, in an effort to “promote in-person collaboration.” This indicates that the trend of tech layoffs observed in 2023 may continue as tech companies navigate economic uncertainty thrown at …

Snapchat parent Snap announces fresh layoffs, set to cut its global workforce by 10%
11 months ago

Snapchat parent Snap announces fresh layoffs, set to cut its global workforce by 10%

Hindustan Times  

In a regulatory filing on Monday, Snap, the parent company of Snapchat, revealed that it plans to fire over 500 workers. The owner of Snapchat is cutting approximately 10% of its worldwide workforce, or about 528 employees, just the latest tech company to announce layoffs. With 5,367 full-time employees as per Snap's most recent headcount, the latest round of staff …

Los Angeles Times to lay off ‘significant’ number of employees, union says
11 months, 3 weeks ago

Los Angeles Times to lay off ‘significant’ number of employees, union says

Al Jazeera  

The Los Angeles Times is planning to lay off a “significant” number of journalists, the newspaper’s union has said, becoming the latest media outlet to shed employees in an era of collapsing advertising revenues. “The management of the Los Angeles Times has announced that it intends to imminently lay off a significant number of journalists, and is asking the Guild …

These 46 tech companies layoff 7,500 employees in first 2 week of 2024
11 months, 3 weeks ago

These 46 tech companies layoff 7,500 employees in first 2 week of 2024

India TV News  

It's just two weeks to 2024, and tech companies have already started to lay off employees from the companies. As per the latest data from layoff.fyi, a website that tracks tech sector job cuts, 46 tech companies laid off 7,528 employees. Tech companies, including startups, around the world fired more than 425,000 employees in 2022 and 2023, with more than …

Discord latest tech company to go for mass layoffs, confirms firing 17 per cent of workforce
11 months, 4 weeks ago

Discord latest tech company to go for mass layoffs, confirms firing 17 per cent of workforce

India Today  

Popular social messaging platform Discord has announced its biggest layoff, removing 17 percent of its workforce as part of strategic planning. The company's announcement of layoffs follows the recent announcements of job cuts by big tech giants including Google, Amazon, Meta, and others. The recent job cuts add to the last layoffs the messaging app announced in August 2023, which …

Google Lays Off Dozens Of Employees In News Division: Report
1 year, 2 months ago

Google Lays Off Dozens Of Employees In News Division: Report

ABP News  

Google is in the spotlight once again as it trims its workforce, this time within its news division, following a significant round of layoffs earlier this year. Google, a tech giant deeply ingrained in news curation and distribution, is renowned for its Google News platform, which provides readers with top-ranking news articles tailored to their interests and geographic locations. This …

Google lays off 40-45 staff from its news division: Report
1 year, 2 months ago

Google lays off 40-45 staff from its news division: Report

Live Mint  

Tech giant Google has laid off about 40-45 staff from its news division this week, a report by CNBC has stated. A spokesperson for the Alphabet Workers Union who was unable to provide an exact number of layoffs stated that 40 and 45 employees of Google News had lost their employment, the report said. The spokesperson also said added that …

Layoffs run rampant with over 194,000 Americans left unemployed in 2023 so far, recession fears arise- Report
1 year, 6 months ago

Layoffs run rampant with over 194,000 Americans left unemployed in 2023 so far, recession fears arise- Report

Hindustan Times  

According to a report from Forbes, 2023 has brought a storm of layoffs across various industries, with nearly 194,000 American employees finding themselves out of work in more than 150 major layoffs. Nearly 194,000 American employees finding themselves out of work in more than 150 major layoffs in 2023 so far. Tech Takes a Hit Tech companies have faced the …

BT Group to cut up to 55,000 jobs by end of decade
1 year, 7 months ago

BT Group to cut up to 55,000 jobs by end of decade

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy BT Group has said it …

BuzzFeed News is shutting down as part of companywide layoffs
1 year, 8 months ago

BuzzFeed News is shutting down as part of companywide layoffs

NPR  

BuzzFeed News is shutting down as part of companywide layoffs MICHEL MARTIN, HOST: The website BuzzFeed is shutting down its Pulitzer Prize-winning newsroom. It's been - you know, BuzzFeed and BuzzFeed News, you know, we came up as Facebook and Twitter and social media rose and became this exciting new thing where you could - you know, where you could …

BuzzFeed News to be shuttered in corporate cost cutting move
1 year, 8 months ago

BuzzFeed News to be shuttered in corporate cost cutting move

Associated Press  

Pulitzer Prize winning digital media outlet BuzzFeed News is being shut down as part of a cost-cutting drive by its corporate parent that’s shedding about 15% of its entire staff, adding to layoffs made earlier this year. In a memo sent to staff, Buzzfeed Inc. co-founder and CEO Jonah Peretti said Thursday that in addition to the news division, layoffs …

BuzzFeed News ends: Who is really to blame for the site’s demise?
1 year, 8 months ago

BuzzFeed News ends: Who is really to blame for the site’s demise?

Slate  

I heard about BuzzFeed News shutting down right before it hit Twitter. Later, as I watched NBC Universal pour money into BuzzFeed and not NBC News, where I’d worked on the digital side, I wondered how I had gone so wrong. An expert video team would be funded and hired to create “shows” … only to be told to make …

Buzzfeed News to shut down amid online advertising slump
1 year, 8 months ago

Buzzfeed News to shut down amid online advertising slump

The Telegraph  

When it launched in 2011, the company intended to reinvent media for the digital age and take market share from traditional newspapers. The organisation quickly garnered attention for a series of scoops, including the so-called Steele dossier that exposed possible ties between then-President Donald Trump and Russia. However, Buzzfeed shut down its UK and Australia news operations in 2020 as …

BuzzFeed News shutting down as company cuts staff. Journalists ‘heartsick’
1 year, 8 months ago

BuzzFeed News shutting down as company cuts staff. Journalists ‘heartsick’

LA Times  

BuzzFeed CEO Jonah Peretti celebrates with team members as he rings the bell during BuzzFeed Inc.’s listing day. “While layoffs are occurring across nearly every division, we’ve determined that the company can no longer continue to fund BuzzFeed News as a standalone organization,” Peretti said. “I’m heartsick personally,” said Ben Smith, who once ran BuzzFeed News and now is editor …

BuzzFeed shutters its newsroom as the company undergoes layoffs
1 year, 8 months ago

BuzzFeed shutters its newsroom as the company undergoes layoffs

NPR  

BuzzFeed shutters its newsroom as the company undergoes layoffs Enlarge this image toggle caption Nicholas Kamm/AFP via Getty Images Nicholas Kamm/AFP via Getty Images BuzzFeed is shutting down its Pulitzer Prize-winning news division as part of a 15% reduction in force across the company, BuzzFeed CEO and co-founder Jonah Peretti announced. "While layoffs are occurring across nearly every division, we've …

More Layoffs On The Cards In Google? CEO Sundar Pichai Hints At Another Round Of Job Cuts: Report
1 year, 8 months ago

More Layoffs On The Cards In Google? CEO Sundar Pichai Hints At Another Round Of Job Cuts: Report

ABP News  

US tech major Google is planning more layoffs as its CEO Sundar Pichai has spoken out about the possibility of a second round of job cut in the company. The year 2023 has already seen a significant number of layoffs as global tech giants, including Google, Amazon, Microsoft, and others have terminated employees to cut cost. A few months ago, …

Facebook-parent Meta to lay off 10,000 employees in second round of job cuts
1 year, 9 months ago

Facebook-parent Meta to lay off 10,000 employees in second round of job cuts

The Hindu  

Facebook-parent Meta Platforms said on March 14, 2023 it would cut 10,000 jobs, just four months after it let go 11,000 employees, the first Big Tech company to announce a second round of mass layoffs. "We expect to reduce our team size by around 10,000 people and to close around 5,000 additional open roles that we haven’t yet hired," Chief …

Layoffs, desk sharing, fewer promotions and more: How Sundar Pichai is helping Google save money
1 year, 10 months ago

Layoffs, desk sharing, fewer promotions and more: How Sundar Pichai is helping Google save money

India Today  

Earlier this year, Google announced the layoff of 12,000 employees as part of its cost-cutting measures. The company has also highlighted a slowdown in growth and so, Google’s CEO Sundar Pichai has been taking some measures to save the company’s money. Here is a look at how Sundar Pichai is helping Google save money. Layoffs, desk sharing, fewer promotions: How …

Twitter lays off 10% of current workforce
1 year, 10 months ago

Twitter lays off 10% of current workforce

The Hindu  

Twitter Inc. has laid off at least 200 employees, or about 10% of its workforce, the New York Times reported late on Sunday, in its latest round of job cuts since Elon Musk took over the micro-blogging site last October. The layoffs on Saturday night impacted product managers, data scientists and engineers who worked on machine learning and site reliability, …

Another round of job cuts at Twitter, at least 50 laid off: Report
1 year, 10 months ago

Another round of job cuts at Twitter, at least 50 laid off: Report

Hindustan Times  

Elon Musk's Twitter Inc laid off dozens of employees on Saturday in what is at least the eighth round of job cuts since Musk took over the social network in late October, the Information reported. The job cuts impacted multiple engineering teams, including those supporting advertising technology, the main Twitter app as well as technical infrastructure to keep Twitter's systems …

With layoffs, NPR becomes latest media outlet to cut jobs
1 year, 10 months ago

With layoffs, NPR becomes latest media outlet to cut jobs

NPR  

With layoffs, NPR becomes latest media outlet to cut jobs Enlarge this image toggle caption Saul Loeb/AFP via Getty Images Saul Loeb/AFP via Getty Images NPR's chief executive announced the network would lay off roughly 10% of its current workforce – at least 100 people – and eliminate most vacant positions. Lansing says he remains committed to podcasting "1,000 percent," …

Tech Layoffs: Over 1 Lakh Employees Lose Job So Far In 2023 Alone; Company-Wise Layoff List
1 year, 11 months ago

Tech Layoffs: Over 1 Lakh Employees Lose Job So Far In 2023 Alone; Company-Wise Layoff List

News 18  

Tech Layoffs In 2023: Citing cost cutting due to macroeconomic pressures, tech companies across the world have resorted to layoffs in the past months. The year 2023 has witnessed mass layoffs by companies such as Google, Microsoft, Salesforce and Amazon, among others. Apart from these, Salesforce laid off 8,000 employees, Dell sacked 6,650, IBM about 3,900, SAP nearly 3,000, Zoom …

Tech industry job cuts come rapidly and in big numbers
1 year, 11 months ago

Tech industry job cuts come rapidly and in big numbers

Associated Press  

In just the past month there have been nearly 50,000 job cuts across the technology sector. Large and small tech companies went on a hiring spree in over the past several years due to a demand for their products, software and services surged with millions of people working remotely. August 2022 Snap: The parent company of social media platform Snapchat …

Tech industry job cuts come rapidly and in big numbers
1 year, 11 months ago

Tech industry job cuts come rapidly and in big numbers

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Large and small tech companies went on a hiring …

From CNN to Washington Post, US Media Sees Massive Job Cuts Amid Economic Gloom
1 year, 11 months ago

From CNN to Washington Post, US Media Sees Massive Job Cuts Amid Economic Gloom

News 18  

From CNN to the Washington Post, US media are facing tough times, as a series of outlets have announced layoffs this winter amid fears of an economic downturn. In a memo to staff on Friday, Vox Media CEO Jim Bankoff announced “the difficult decision to eliminate roughly seven percent of our staff roles across departments due to the challenging economic …

US media rocked by massive job cuts amid economic gloom
1 year, 11 months ago

US media rocked by massive job cuts amid economic gloom

Deccan Chronicle  

NEW YORK: From CNN to the Washington Post, US media are facing tough times, as a series of outlets have announced layoffs this winter amid fears of an economic downturn. In a memo to staff on Friday, Vox Media CEO Jim Bankoff announced "the difficult decision to eliminate roughly seven percent of our staff roles across departments due to the …

CNN, Vox, Washington Post: US media giants announce layoffs amid economic gloom
1 year, 11 months ago

CNN, Vox, Washington Post: US media giants announce layoffs amid economic gloom

Hindustan Times  

From CNN to the Washington Post, US media are facing tough times, as a series of outlets have announced layoffs this winter amid fears of an economic downturn. Journalists who were laid off from other organizations in recent weeks have also taken to Twitter to express anger, dismay, or gratitude to their colleagues Vox Media, owner of the Vox and …

Amidst thousands of job cuts #layoffs trends on Twitter, sparks meme fest
1 year, 11 months ago

Amidst thousands of job cuts #layoffs trends on Twitter, sparks meme fest

Firstpost  

After a legion of job cut reports has set the internet ablaze, needless to say, it has sparked a meme fest, as #layoff and #layoff2023 are trending on Twitter The reports about mass layoffs don’t seem to be dying down anytime soon. After a legion of job cut reports has set the internet ablaze, needless to say, it has sparked …

Google to axe 12,000 workers; CEO Pichai says sorry
1 year, 11 months ago

Google to axe 12,000 workers; CEO Pichai says sorry

Deccan Chronicle  

NEW YORK: Google will lay off 12,000 jobs across the globe, its CEO Sundar Pichai announced on Friday, becoming the latest tech giant after Microsoft, Facebook and Amazon to retrench staff en mass amid the global economic downturn. To match and fuel that growth, we hired for a different economic reality than the one we face today,” Pichai said in …

Google cuts add to tech wipeout that’s claimed over 100,000 jobs
1 year, 11 months ago

Google cuts add to tech wipeout that’s claimed over 100,000 jobs

Live Mint  

Alphabet Inc.’s plan to reduce headcount by more than 6% — about 12,000 roles — is adding to mass job cuts that are accelerating at technology companies around the world. Alphabet Google parent Alphabet announced it will cut about 12,000 jobs, more than 6% of its global workforce, in a move that will affect roles across the company. TCI Fund …

Google's parent company Alphabet to lay off 12,000 globally
1 year, 11 months ago

Google's parent company Alphabet to lay off 12,000 globally

Firstpost  

The job cuts mark the latest to hit the technology sector and come within days of rival Microsoft Corp announcing it would lay off 10,000 workers. Online retail giant Amazon on Wednesday began the process of laying off nearly 18,000 staff—the largest ever termination move in its history New Delhi: Google’s parent company Alphabet Inc. will lay off nearly 12,000 …

Sundar Pichai’s mail to staff as Google announces 12,000 layoffs: Full text
1 year, 11 months ago

Sundar Pichai’s mail to staff as Google announces 12,000 layoffs: Full text

Live Mint  

Just as Google parent Alphabet announces 12,000 job cuts, CEO Sundar Pichai’s mail to its staff started circulating on social media. Sundar Pichai also mentioned in the email that Google would support the impacted employees through 2022 bonuses, healthcare, job placement services, and immigration support. SUNDAR PICHAI’S EMAIL TO EMPLOYEES ANNOUNCING LAYOFFS: FULL TEXT Googlers, I have some difficult news …

Google to lay off 12,000 workers; CEO Sundar Pichai says 'sorry'
1 year, 11 months ago

Google to lay off 12,000 workers; CEO Sundar Pichai says 'sorry'

India TV News  

Google CEO Sundar Pichai on Friday announced the tech giant will lay off 12,000 jobs across the globe. Pichai said he was confident about the huge opportunity for the company due to "our early investments in AI” for which Google would need to make tough choices. The fact that these changes will impact the lives of Googlers weighs heavily on …

Google is cutting 12,000 jobs, adding to a series of Big Tech layoffs in January
1 year, 11 months ago

Google is cutting 12,000 jobs, adding to a series of Big Tech layoffs in January

NPR  

Google is cutting 12,000 jobs, adding to a series of Big Tech layoffs in January Enlarge this image toggle caption Jeff Chiu/AP Jeff Chiu/AP Google is the latest tech giant to announce a massive layoff: the company announced on Friday that it is slashing about 12,000 jobs. The company already has notified affected employees in the United States, CEO Sundar …

Twitter to lay off 50 more workers: report
1 year, 11 months ago

Twitter to lay off 50 more workers: report

The Hindu  

Twitter Inc. plans to lay off 50 workers in its product division in the coming weeks, Business Insider reported quoting two people familiar with the company. The layoffs come six weeks after Elon Musk reportedly told staff that there would not be further retrenchment and could reduce the company’s headcount to under 2,000, according to the report. In December last …

Amazon to lay off more than 18,000 employees due to 'uncertain economy'
2 years ago

Amazon to lay off more than 18,000 employees due to 'uncertain economy'

Firstpost  

Washington: Amazon announced Wednesday it will cut more than 18,000 jobs from its workforce, citing “the uncertain economy” and the fact that the online retail giant had “hired rapidly” during the pandemic. “Between the reductions we made in November and the ones we’re sharing today, we plan to eliminate just over 18,000 roles,” said CEO Andy Jassy in a statement …

Google is preparing to layoff 10,000 ‘poor performing’ employees, report says
2 years, 1 month ago

Google is preparing to layoff 10,000 ‘poor performing’ employees, report says

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Google’s parent company Alphabet is reportedly preparing to lay off about 10,000 of …

Facebook owner Meta to lay off 11k staff in one of biggest US layoffs this year
2 years, 2 months ago

Facebook owner Meta to lay off 11k staff in one of biggest US layoffs this year

Live Mint  

In one of the biggest tech layoffs of 2022, Facebook parent Meta Platforms Inc on Wednesday said that it will let go of 13% of its workforce, or more than 11,000 employees, as part of a plan to reduce costs at the social-media platform following disappointing earnings, soaring costs, and a weak advertising market. I know this is tough for …

It's the season of layoffs in Silicon Valley: 45,000 employees gone and it's not over yet
2 years, 2 months ago

It's the season of layoffs in Silicon Valley: 45,000 employees gone and it's not over yet

Firstpost  

Facebook parent Meta Platforms Inc is the latest to join the list of companies that have laid off employees in the recent months in Silicon Valley. Here are some of the major firms that have opted for the downsizing route in anticipation of recession New Delhi: Facebook parent Meta Platforms Inc. is the latest to join the list of companies …

Facebook parent company Meta sheds 11,000 jobs in latest sign of tech slowdown
2 years, 2 months ago

Facebook parent company Meta sheds 11,000 jobs in latest sign of tech slowdown

NPR  

Facebook parent company Meta sheds 11,000 jobs in latest sign of tech slowdown Enlarge this image toggle caption Tony Avelar/AP Tony Avelar/AP Facebook parent company Meta announced extensive layoffs on Wednesday, shedding 11,000 jobs, or about 13% of its staff, amid an industrywide slowdown that has rattled Silicon Valley in recent months. Calling the layoffs "some of the most difficult …

Twitter Layoffs: Elon Musk defends his decision, says company losing over USD 4 million a day
2 years, 2 months ago

Twitter Layoffs: Elon Musk defends his decision, says company losing over USD 4 million a day

Firstpost  

Musk did not provide details on the daily losses at the company and said employees who lost their jobs were offered three months’ pay as a severance Twitter began widespread layoffs Friday as new owner Elon Musk overhauls the company, raising grave concerns about chaos enveloping the social media platform and its ability to fight disinformation just days ahead of …

Did layoffs affect Twitter content moderation? Musk's thumbs-up for top official
2 years, 2 months ago

Did layoffs affect Twitter content moderation? Musk's thumbs-up for top official

Hindustan Times  

With Elon-Musk-owned Twitter sacking about 50 per cent of its 7,500-strong staff on Friday, the social media giant's head of Trust and Safety said early Saturday that the reduction in workforce affected approximately 15 per cent of the unit. “Yesterday’s reduction in force affected approximately 15% of our Trust & Safety organization, with our front-line moderation staff experiencing the least …

Twitter Layoffs: Elon Musk Says No Choice, Company Losing $4M Daily
2 years, 2 months ago

Twitter Layoffs: Elon Musk Says No Choice, Company Losing $4M Daily

ABP News  

Tesla CEO Elon Musk on Saturday, defended his decision of laying off employees from Twitter and said that there was no choice as the microblogging site is losing over $4 million a day. "Twitter has had a massive drop in revenue, due to activist groups pressuring advertisers, even though nothing has changed with content moderation and we did everything we …

Billionaire says he had had ‘no choice’ over firings as Twitter losing $4m per day
2 years, 2 months ago

Billionaire says he had had ‘no choice’ over firings as Twitter losing $4m per day

The Independent  

✕ Close Elon Musk to layoff more than 3,000 Twitter employees Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Elon Musk …

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