Twitter denies staff cuts: “We recommend waiting for facts from us and from the buyer directly”

After the alleged declarations of Elon Musk on firing 75% of Twitter staffthe company came out to deny everything indicated.

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Last Thursday, October 20, a report from Washington Post He pointed out that the businessman intended to lay off 5,600 Twitter employees once he had purchased the social network. Additionally, the outlet mentioned that the company had already planned a staff cut even before Musk expressed his desire to acquire the social network.

Nevertheless, Sean EdgettTwitter’s general counsel, noted in a memo seen by Bloomberg News that what was mentioned in the reports would be only rumors and speculation.

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“We have no confirmation of the buyer’s plans to closely monitor and We recommend not to follow the rumors or leaked documents, but to wait for the facts from us and the buyer directly”he expressed.

On the other hand, he mentioned that although cost saving plans did exist, these discussions paused. “once the merger agreement was signed.”

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“Since the merger agreement was signed, there have been no plans for layoffs throughout the company”, he pointed.

Source: Elcomercio

James

I have worked as a journalist for over 10 years and have written for various news outlets. I currently work as an author at 24 News Recorder, mostly covering entertainment news. I have a keen interest in the industry and enjoy writing about the latest news and gossip. I am also a member of the National Association of Journalists.