Twitter lays off more employees

Twitter laid off dozens of employees on Saturday in what is at least the eighth round of job cuts since Elon Musk took over the social network in late October.

According to reports by The Information, a U.S. technology-focused publication, the job cuts impacted multiple engineering teams, including those supporting advertising technology, the main Twitter app as well as technical infrastructure to keep Twitter’s systems up and running.

The Information reported that the latest job cuts aim to offset a plunge in revenue following Musk’s takeover and further whittle down a staff that had shrunk by at least 70% to roughly 2,000.

In early November, Twitter laid off about 3,700 employees in a cost-cutting measure by Musk, who acquired the company for $44 billion.

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Musk in November said that the service was experiencing a “massive drop in revenue” as advertisers pulled spending amid concerns about content moderation.

Zainab Sa’id