Mr-Om
The Top Trending News & Facts

From 7,500 employees to just 1,300: The Elon Musk ‘effect’ at Twitter

16

October 28 was the day when Elon Musk formally turned the brand new proprietor of Twitter. Since then there have been wholesale modifications — none greater than the variety of those that work at Twitter. In line with a report by CNBC, Twitter now has simply 1,300 full-time workers.


Twitter 2.0: Drastic discount in headcount

The report says that earlier than Musk purchased Twitter, the entire headcount was 7,500. Twitter now has lower than 550 engineers working for it. Twitter’s belief and security workforce — liable for maintaining customers ‘protected’ — now has lower than 20 full-time workers working.
Apparently, the report mentions that inside information counsel that Twitter nonetheless has 1,400 ‘non-working’ workers. These are workers who proceed to be paid by Twitter however don’t execute their duties. The report suggests many of those non-working workers are those that resigned when Musk requested them to signal a pledge, which concerned “excessive hardcore” work and lengthy working hours on the firm.
Musk additionally received nearly 130 workers from Tesla and SpaceX — his different two corporations — to work at Twitter.


Twitter’s income troubles

In line with a report by The Info, Twitter’s each day income on January 17 was 40% decrease than the identical day a 12 months in the past. It was additionally reported that greater than 500 of Twitter’s high advertisers have put a halt on spending on Twitter since Musk’s takeover.
Nonetheless, as per Musk, it’s not all doom and gloom. A report by Axios revealed that Twitter has secured content material sponsorship offers with greater than three dozen information retailers, media corporations and sports activities leagues within the first half of this 12 months.
Nonetheless, the discount within the headcount is prone to have an effect on the social media platform, in accordance with an engineer who not too long ago left the corporate. The CNBC report mentions that the engineer stated “the corporate’s code base is huge, and it requires data of various platforms and programming languages to take care of completely different components of Twitter.” With fewer workers, it could be an uphill battle to take care of Twitter reliably, stated the previous engineer.

Leave A Reply

Your email address will not be published.