Twitter retrenches more workers

[Hanno Labuschagne]

Twitter retrenches more workers

Twitter Inc. laid off more workers late Saturday in a fresh wave of cuts meant to curb costs at the social networking company now owned by Elon Musk.

The layoffs hit employees on teams across the company, including engineering and product, according to people familiar with the situation.

[Bloomberg]

 

[rvZA]

Well, company first. Profits are king.

 

[system32]

Well, company first. Profits are king.

Has Twitter ever made any meaningful profits?
Without profits the natural path is bankruptcy and everyone gets retrenched.

Can't say the same for M$, Amazon, Facebook, Salesforce who all retrenched tens of thousands despite being hugely profitable.

 

[backstreetboy]

There's still people working at Twitter?

 

[Kosmik]

Well if the api shenanigans are anything to go about lately.

 

[Merlin]

Would the last one out please switch off the lights.

Thanks.

 

[rvZA]

Has Twitter ever made any meaningful profits?

Maybe not Twitter, but its investors made a killing. They allowed employment of thousands of people in the process. That is all that matters.