This morning at 9AM Pacific Time

[bluedragon]

7500 Twitter Employees have been locked out of their accounts and offices.

Twitter did this to themselves....They allowed Musk to send a consulting team in to review everything about the company. The consulting team was reviewing how the massive unemployment notification was to be conducted.

He stated at the Top including dismissing the entire Board of Directors.....

Notice to JOE! Unemployment increases by at least 5,000 today ....

 

[Scott Downey]

https://www.bbc.com/news/live/business-63511430

As things stand, reports have speculated that around half of Twitter's 8,000-strong worldwide workforce has been let go, but Twitter has yet to confirm this.

Workers that have been affected reportedly received an email on Friday confirming whether if they have been let go. That email informed them they would remain employed by the company and would continue to receive compensation through to 2 February 2023.

Musk: I'm not doing Twitter for the money​

Twitter's new owner and boss Elon Musk may have cited the company's drop in revenue as motivation for today's job losses, but he has claimed he isn't in it for the money in an interview with the Financial Times.
The newspaper recently took Musk out to lunch and asked him why he was buying the company.
“I’m not doing Twitter for the money," he told the FT. "It’s not like I’m trying to buy some yacht and I can’t afford it. I don’t own any boats.
"But I think it’s important that people have a maximally trusted and inclusive means of exchanging ideas and that it should be as trusted and transparent as possible.”
He was also asked why he sometimes posts things on Twitter that seem to annoy or rile people up.
“I play the fool on Twitter and often shoot myself in the foot and cause myself all sorts of trouble... I don’t know, I find it vaguely therapeutic to express myself on Twitter. It’s a way to get messages out to the public.”