Twitter has sacked around 80% of staff: Musk

SAN FRANCISCO – Twitter has laid off more than 6,000 employees – around 80% of its workforce – since late last year, its chief executive Elon Musk said in an interview with the BBC on Tuesday evening.

Twitter’s workforce reduction is unmatched on a percentage basis, in comparison with other big tech companies like Google, Amazon, Microsoft, and Meta which have cut tens of thousands of employees worldwide.

Twitter is facing a host of suits and other legal actions on behalf of former employees over lay-off and benefits issues, Xinhua quoted a report by the San Francisco Chronicle.

The company also said in a recent legal filing that “Twitter, Inc has been merged into X Corp and no longer exists”.

According to the legal filing, X Corp is a privately held corporation. Its parent corporation is X Holdings Corp. – Bernama, April 13, 2023