Twitter fired 50% of its employees: Musk said - there is a loss of Rs 33 crore daily, no option but to lay off

Posted on 5th Nov 2022 by rohit kumar

Elon Musk has started laying off employees around the world with the purchase of Twitter. Nearly half of Twitter's 7,500 employees have been fired. Twitter had over 200 employees in India, most of whom have been fired. The engineering, sales, marketing, and communications teams have been laid off. Sources said that the entire team of marketing and communication department in India has been dismantled.

 

An employee of Twitter India said that he has received emails to remove or retain his colleagues. Earlier on Thursday, in an email, the company had forbade employees to come to the office temporarily. Employees were told, if you are in the office or on their way to the office, then go back home.

 

Elon Musk said we have no choice

Musk tweeted on Friday morning- 'When the company is losing $ 4 million (Rs 32.77 crore) daily, we have no option but to lay off employees. Those who have been removed have been given severance of 3 months, which is 50% more than the amount given by law.

 

employees posted information

Pallavi Walia, who is leading Twitter's communication team in India, has given information about the removal by tweeting. 25-year-old Indian Yash Agarwal is also one of the workers who have been fired. He has uploaded the post on Twitter with a joyful photo of himself. The company on Friday sent emails to employees across the world, including in India and the US.

 

Her post has the hashtags "#lovetwitter" and "#lovewhereyouworked". Yash wrote, "Just got fired. Bird app, it was a great honor. The greatest privilege I have ever been to be a part of this team, this culture.”

 

Three types of emails to employees

Twitter employees are getting three types of emails. One email is for those who have not been fired, one is for those who have been fired and one mail is for those whose jobs are still in limbo.

 

1. Those not removed

Those who have not been evicted are getting emails on the official Twitter ID. It read: Thank you for your patience during this transition and for your commitment to the important work you do on Twitter. We are sending this email to confirm that your employment is not being affected by the reduction in the workforce today...

 

We know you'll have many questions and we'll have more to share next week. In the meantime, please note that as of Monday, Birdhouse is temporarily offline, our offices are temporarily closed and all badge access is temporarily suspended. Offices will reopen on Monday.

 

2. Those whose fate is in the balance

Twitter employees whose luck is still in limbo have also received emails on their official IDs. This mail reads Your Role in Twitter... Your Role in Twitter has been identified as Potentially Impacted or Risk of Redundancy. The next steps will depend on which country you live in and we'll share more information with you as soon as possible.

 

3. Those fired

Emails have been sent to the private mail ids of the employees who have been fired. He has also been logged out of the Twitter system.

 

sued for retrenchment

A class-action lawsuit is filed Thursday in San Francisco Federal Court over plans to reduce the workforce at Twitter Inc. Employees say that the company is doing all this without sufficient notice. This is a violation of federal and California law. The Federal Worker Adjustment and Retraining Notification Act prohibits large companies from mass layoffs without at least 60 days advance notice.

 

Read the full email...

"We will go through the difficult process of reducing our global workforce on Friday to take Twitter on a healthier path," the email said. This will affect many employees who have made significant contributions to Twitter, but unfortunately, this step is necessary for Twitter to be on its path to success.

 

You check your mail including the spam folder:

 

If your job is not affected, you will get a notification via your Twitter e-mail.

 

If your job is affected, you will get a notification in your e-mail for the next step.

 

If you don't get a mail from twitter-hr@ till 5 PM PST on Friday, mail peoplequestions@twitter.com.

 

The mail also said, 'Our office will be temporarily closed to ensure the safety of Twitter systems, customer data, and every employee. Also, all badges have been suspended. If you are in an office or on the way to the office, please return home. We know this is going to be challenging for everyone, whether your job is being affected or not.

 

Four top officials of the company were fired

Elon Musk fired four of the company's top executives after it acquired Twitter on October 27 in a $44 billion deal. These include CEO Parag Agarwal, Finance Chief Ned Segal, and legal executives Vijaya Gadde and Sean Edgett. This was followed by the exit of Chief Marketing Officer Leslie Berland, Chief Customer Officer Sarah Present, and Jean-Philippe Mhow, Vice President of Global Client Solutions.

 

According to a Bloomberg report, Musk and a team of consultants were discussing job cuts and policy changes in a San Francisco office. One of the scenarios considered is that employees who are asked to leave will be offered 60 days of payment. According to the report, the layoffs are based on their contributions to Twitter's code during their time at the company.

 

Also Read: Many jobs will be done now, Twitter stirred up by the decree of new boss Elon Musk