AT LEAST 50 TWITTER EMPLOYEES ARE SUSPENDED IN ENDLESS COST CUTS.
The Information claimed that Elon Musk's Twitter Inc. fired hundreds of workers on Saturday, marking at least the ninth round of layoffs since Musk acquired social network control in late October.
The report in the U.S. technology-focused publication early on Sunday, citing people with direct knowledge of the matter, said that the job cuts affected multiple engineering teams, including those supporting advertising technology, the primary Twitter app, and technical infrastructure to keep Twitter's systems up and running.
The request for comment from Reuters was not immediately answered by Twitter.
Early in November, Musk, who had just paid $44 billion for Twitter, slashed costs by firing around 3,700 workers.
According to The Information, the most recent layoffs are intended to offset a decline in revenue due to Musk's acquisition and further reduce a staff that had already decreased by at least 70% to about 2,000.
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