Tesla CEO Elon Musk fired about 80% of his employees after acquiring social media Twitter, economic media CNBC reported on the 20th (local time).
According to Twitter internal data obtained by CNBC, Twitter, which once reached 7,500 before Musk’s acquisition, has now been reduced to 1,300 full-time employees.
With the restructuring of the workforce, the number of engineers, which is a key workforce, has been reduced to less than 550, and the number of personnel in the “trust and safety” department, which is in charge of protecting users from illegal content, has shrunk to 20.
CNBC said, “As Musk exercised management rights, Twitter significantly reduced its employees through massive layoffs and resignations due to the end of telecommuting,” adding, “We have cut much more manpower than originally expected.”
Musk reduced the number of regular Twitter employees to 1,300, while also putting a separate foreign unit into the company.
CNBC reported that 130 employees transferred from venture funds and other companies run by Musk, including electric vehicle company Tesla, space exploration company SpaceX, and underground tunnel excavation company Boring Company, are currently working on Twitter.
Meanwhile, the number of job cuts in the global tech industry such as Google and Amazon has exceeded 200,000 over the year.
The global tech industry’s layoffs have continued, with the number of layoffs exceeding 200,000 for a year.
According to Time magazine, Bloomberg News, and the Wall Street Journal (WSJ) on the 20th (local time), Alphabet, Google’s parent company, announced a 10,200 employee cut, bringing the number of tech companies to 55,324 this year. Last year, the number of tech companies was 155,126 at 1,032 companies, and the total number of job cuts for a month in January this year reached 210,000.
Earlier, e-commerce company Amazon (18,000), Facebook parent company Meta (11,000), Microsoft (10,000), and CRM software company Salesforce (8,000) carried out massive layoffs.
Regardless of the size of the company, there is a sharp wind of dismissal throughout the tech industry.
