Musk Starts Massive Round of Layoffs at Twitter

Musk Starts Massive Round of Layoffs at Twitter

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Business

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Hard

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Elon Musk plans to cut half of Twitter's staff, with notifications sent via email. Layoffs have begun globally, affecting middle management in regions like Asia and New York. Laid-off employees in New York will receive severance packages and remain non-working until February. The layoffs aim to improve Twitter's financial health amid significant debt and declining revenue, partly due to advertisers' concerns over content moderation.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What significant action did Elon Musk announce regarding Twitter's staff?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How will employees be notified about their job status?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the expected severance package for those laid off?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What reasons were given for the layoffs at Twitter?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What impact did Musk suggest the layoffs would have on Twitter's revenue?

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