Twitter is Bracing for Layoffs and Big Changes After Musk’s Take Over

Twitter employees are fearing layoffs after $44B CEO change. Big changes are coming in the blue bird.

Twitter is bracing for layoffs after Elon Musk’s takeover of the social media giant last Thursday.

According to the reports, Elon Musk took over Twitter on Thursday, October 27, like a military general who had assumed power by force, purging the company’s ruling regime and replacing it with the singular effect of his personality. With this, the billionaire has completed his $44 billion acquisition of Twitter and dramatically fired four of its top executives.

“The bird is freed,” he wrote on his Twitter handle after the acquisition.

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After Musk’s takeover, many changes are expected to happen in the company. According to the reports, in his first major move, the top four executives have already been fired and around 7500 company employees are fearing layoffs.

After the change of CEO, Twitter is bracing for layoffs. The Washington Post reported that layoffs would hit roughly a quarter of the staff, heavily impacting teams including sales, product, engineering, legal, and trust and safety.

According to The Verge, they had a conversation with 8 employees. The recent frustration started on Friday when an instruction was made to engineers to print out the last 30 to 60 days of code they had written.

Many believe that it is part of a set of measures Musk and his team have undertaken in an effort to identify Twitter’s highest and lowest-performing employees as a precursor to layoffs. Since then, workers have been hunting for clues in Slack and gathering in private Discords to share the latest rumors. Frustration over the lack of information has spilled into the company’s Slack channels.

Besides these looming layoffs, reports of some major changes are also circulating in the media. The first is the establishment of a content moderation council. Elon Musk wrote on Twitter:

“Twitter will be forming a content moderation council with widely diverse viewpoints.

No major content decisions or account reinstatements will happen before that council convenes.”

Other reported changes include changes to Twitter Blue that would require users to pay to retain their verification badges, possibly as much as $20 a month, and new leadership’s plans to revive the short-form video app Vine, either as a standalone product or part of the core Twitter app.

Some Twitter employees are being encouraged to come up with new products and features and share them directly with their new CEO. The uncertain future has divided the company into roughly two camps: those waiting nervously to see whether they still have a job after those cuts land, and those who are frantically working to ship new features under a threat of being fired if they don’t.

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