Elon Musk lays off more employees from X: Report

by IANS |

San Francisco, Nov 2 (IANS) Elon Musk, who is busy promoting Donald Trump for the keenly-watched US presidential election on November 5, has reportedly laid off more employees from his X social media platform.


According to a report in The Verge, a new wave of layoffs has hit X, primarily affecting its engineering department, citing sources inside X and posts on the workplace forum Blind.


"The exact scale of the job cuts remains unknown. These cuts come just two months after staffers were required to submit a one-page summary telling leadership their contributions to the company,” the report claimed.


Must or X were yet to comment on the report.


Recently, the tech billionaire had reportedly sent an email to X staff about their much-anticipated stock grants — although with a catch.


In an email to staff seen by The Verge, the social media paltform planned to award stock options based on the anticipated impact of employees.


“That means staff have to submit a one-page summary telling leadership their contributions to the company in order to get their stock,” said the report.


Keeping in mind how the company has continued to struggle under Musk’s ownership, employees have been bracing for more layoffs.


Musk bought X (then called Twitter) in 2022 and laid off more than 6,000 employees- roughly 80 per cent of the company’s staff.


The workforce was forced to justify their roles and even judge whether their own colleagues should be retained.


The job cuts affected departments like diversity and inclusion teams as well as product development and design. Even, Twitter’s content moderation team was not spared.


In January this year, X reportedly fired 1,000 employees from its ‘safety’ staff which was responsible for stopping abusive content online. Out of these 80 per cent were software engineers that were focused on “trust and safety issues”.

Latest News
Calling Uddhav Thackeray a traitor is insult to Balasaheb and Maharashtra: Sanjay Raut Mon, Jan 13, 2025, 02:11 PM
Post-Article 370, J&K witnessing rapid growth under PM Modi: Naqvi on Sonamarg tunnel opening Mon, Jan 13, 2025, 02:09 PM
Patparganj: Kejriwal approaches EC as Avadh Ojha faces threat of disqualification Mon, Jan 13, 2025, 01:59 PM
IPL 2025 to begin on March 21 in Kolkata: Report Mon, Jan 13, 2025, 01:11 PM
Didn't really take selection out of the selectors' hands, says Abbott on missing CT25 Mon, Jan 13, 2025, 01:08 PM
Pragati Yatra: CM Nitish Kumar inaugurates projects in Samastipur Mon, Jan 13, 2025, 01:04 PM
Delhi CM Atishi Files Nomination for Kalkaji Ahead of Assembly Elections Mon, Jan 13, 2025, 12:58 PM
Bengal school job case: CBI gets call records establishing Partha Chatterjee's involvement Mon, Jan 13, 2025, 12:47 PM
Los Angeles wildfires: Death toll rises to 24 Mon, Jan 13, 2025, 12:46 PM
More diminished attention, better immediate recall may signal Lewy body dementia: Study Mon, Jan 13, 2025, 12:39 PM
PM Modi to Attend Sankranthi Festivities at Union Minister Kishan Reddy's Residence Mon, Jan 13, 2025, 12:33 PM
Govt expenditure on big infra projects to drive growth in 2025-26: Report Mon, Jan 13, 2025, 12:32 PM
P.V. Anvar Resigns, Joins TMC; Targets Vijayan Government Mon, Jan 13, 2025, 12:23 PM
Aus Open: Michelsen serves Tsitsipas opening round exit Mon, Jan 13, 2025, 12:21 PM
PM Modi to launch Mission Mausam on Tuesday, will make India weather-ready, climate-smart Mon, Jan 13, 2025, 12:20 PM