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At Close: Nov 02, 2022
Twitter exec says 50% employees lost jobs following acquisition
07:06pm, Friday, 04'th Nov 2022
Twitter's head of Safety & Integrity, Yoel Roth, said on Friday that layoffs at the company affected about 50% of employees following Twitter's acquisition by billionaire Elon Musk.
Twitter says half of its workers have been sacked but moderators 'experiencing the least impact'
06:51pm, Friday, 04'th Nov 2022
Twitter's head of safety says that half of its 8,000 workers have lost their jobs but moderators have experienced the "least impact".
The Twitter layoffs were handled terribly, says Big Tech's Alex Kantrowitz
05:32pm, Friday, 04'th Nov 2022
Big Technology's Alex Kantrowitz and Platformer's Casey Newton join 'Closing Bell: Overtime' to discuss the turmoil at Twitter now that Musk has taken over.
Elon Musk says Twitter revenue dropped amid advertiser pullouts
05:10pm, Friday, 04'th Nov 2022
Tech editor Dan Howley joins the Live show to detail the circumstances surrounding Twitter's revenue concerns announced via a tweet by Elon Musk, in addition to looking at Twitter's mass layoffs, adve
Twitter sacks half of staff as Musk launches overhaul
04:46pm, Friday, 04'th Nov 2022
Twitter sacked half of its 7,500-strong staff on Friday as new owner Elon Musk launched his major overhaul of the troubled company just a week after his blockbuster takeover.
Lyft, Stripe, Twitter among tech companies laying off employees
03:38pm, Friday, 04'th Nov 2022
Yahoo Finance's Akiko Fujita discusses the layoffs and hiring freezes sweeping the tech sector.
Activist groups urge advertisers to pause Twitter buys after Elon Musk blames them for ‘massive drop in revenue'
03:18pm, Friday, 04'th Nov 2022
As Elon Musk laid off thousands of Twitter Inc. employees Friday, more than 60 civil-rights and civil-society groups urged companies to stop advertising on the social media platform.
Twitter's Advertisers Pull Back as Layoffs Sweep Through Company
02:43pm, Friday, 04'th Nov 2022
Elon Musk, Twitter's new owner, acknowledged that ad spending on the platform had slumped. He blamed the drop on pressure from activists.
Twitter Layoffs Kick In, Combined With Massive Drop In Ad Revenue
02:26pm, Friday, 04'th Nov 2022
Twitter layoffs began on a large scale Friday as the Elon Musk-owned social network is also experiencing a "massive drop in revenue." The post Twitter Layoffs Kick In, Combined With Massive Drop In Ad
Why Elon Musk's first week as Twitter owner has users flocking elsewhere
02:02pm, Friday, 04'th Nov 2022
It's been a week since Elon Musk strode into the Twitter headquarters with a kitchen sink, signaling his official takeover of the company.
Twitter employees sue the platform over layoffs
01:53pm, Friday, 04'th Nov 2022
Yahoo Finance's Alexis Keenan discusses the lawsuit filed against Twitter following mass layoffs a week after Elon Musk took over the platform.
'Nothing Has Worked': Musk Laments Loss Of Twitter Advertisers And Acknowledges Trying To Back Out Of Deal
12:47pm, Friday, 04'th Nov 2022
Speaking at a Manhattan conference, Musk called Twitter a "poorly managed business" facing "pretty serious revenue and cost challenges."
Twitter mass layoffs begin as Musk launches overhaul
12:20pm, Friday, 04'th Nov 2022
Thousands of Twitter employees were ordered to stay home Friday to await a bracing round of layoffs that could see half of the payroll axed as new owner Elon Musk launches his major overhaul of the co
Factbox: Twitter 2.0: Firings, wary advertisers dominate Musk's first week as chief
11:52am, Friday, 04'th Nov 2022
In the seven days since Elon Musk took charge of Twitter, the world's richest person has vowed to shake up the social media company, keeping employees, advertisers and users on the edge of their seats
Twitter employee's 'laptop wiped and accounts locked' ahead of mass redundancies decision
11:40am, Friday, 04'th Nov 2022
A Twitter employee has told Sky News his laptop has been remotely wiped and he's been locked out of his accounts as the company considers mass layoffs.
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