Twitter plans further layoffs in product division in coming weeks: Report

Musk had said in November that Twitter was facing "a massive drop in revenue" as advertisers dropped out


Photo: Bloomberg

Twitter Inc plans to lay off 50 workers in the social media site's product division in the coming weeks, news site Insider reported on Wednesday, citing two people familiar with the company. The layoffs, which come six weeks after top boss Elon Musk reportedly told staff that there would not be further retrenchment, could reduce the company's headcount to under 2,000, according to the report.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)


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First Published: Jan 19 2023 | 9:33 AM IST

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