Elon Musk, the CEO of X social media platform and a known supporter of Donald Trump, has reportedly laid off employees from his company just weeks before the US presidential election. This latest round of layoffs, primarily affecting the engineering department, comes after employees were asked to submit a summary of their contributions in order to receive stock grants. With the company still struggling under Musk's ownership, more job cuts are expected in the near future.
Elon Musk's Twitter Layoffs: Inside the Controversial Move
Background
Elon Musk's acquisition of Twitter in late October 2022 sparked significant controversy and speculation. Musk, a vocal supporter of former US President Donald Trump and a self-proclaimed "free speech absolutist," promised sweeping changes to the social media platform.
Layoffs
Within weeks of taking over, Musk initiated a series of layoffs at Twitter, reportedly affecting thousands of employees, including engineers and executives. According to internal documents, the company asked employees to submit summaries of their contributions in exchange for stock grants. However, many were laid off before receiving any grants.
Reasons for the Layoffs
Musk has cited several reasons for the layoffs, including:
Impact on Employees
The layoffs have been met with backlash from former employees and labor organizations. Critics have accused Musk of mistreating workers, violating labor laws, and creating a hostile work environment.
FAQs
1. Why did Elon Musk lay off Twitter employees?
Musk cited the need to reduce costs, improve efficiency, and reshape the workforce to align with his vision.
2. Who was affected by the layoffs?
The layoffs primarily targeted the engineering department, but also included executives and other employees.
3. Were employees given severance or payment?
Some employees were given severance packages, but many were laid off without any compensation.
4. What has been the reaction to the layoffs?
The layoffs have been met with widespread criticism and accusations of unfair treatment of employees.
5. Are more layoffs expected?
Musk has indicated that further job cuts are likely in the near future as he continues to reshape Twitter.
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