Twitter has about 2,300 active employees, Elon Musk said in a tweet on Saturday. CNBC reported Friday that Twitter’s full-time workforce has reduced to about 1,300 active, working employees, including fewer than 550 full-time engineers by title.
About 75 of the company’s 1,300 employees are on furlough, including about 40 engineers, CNBC saidciting internal records.
“The note is wrong. There are about 2300 active, working staff Twitter‘ billionaire Musk tweeted in response to a tweet citing CNBC.
The hint is wrong. There are ~2300 active employees at Twitter.
There are still hundreds of employees working on trust and security along with several thousand contractors.
Less than 10 people at my other companies work at Twitter.
— Elon Musk (@elonmusk) January 21, 2023
“There are still hundreds of employees working on trust and security, along with several thousand contractors,” Musk added.
Musk took over Twitter in October and quickly implemented a series of product and organizational changes. The company introduced the Twitter-verified blue tick as a paid service and also laid off about 50 percent of its employees.
Earlier this week it was reported that Twitter plans to lay off 50 employees in the product department of the social media site in the coming weeks.
The layoffs, which come six weeks after top boss Elon Musk reportedly told employees there would be no further cuts, could reduce the company’s workforce to under 2,000, according to the report.
Musk took over Twitter in October and quickly implemented a series of product and organizational changes. The company introduced the Twitter-verified blue tick as a paid service and also laid off about 50 percent of its employees. Musk said in November that Twitter was facing a “massive drop in revenue” as advertisers pulled out.
Twitter’s fourth-quarter revenue fell about 35 percent to US$1.025 billion (about Rs.8.3 billion), a top advertising executive said at a staff meeting for online publication The Information on Wednesday.
© Thomson Reuters 2023
