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Elon Musk lays off employees from X, engineering department faces major cuts: Report
Recently, Elon Musk reportedly sent an email to X staff about their much-awaited stock grants – though there’s a catch.
San Francisco: Elon Musk, who is busy campaigning for Donald Trump for the US presidential election on November 5, has reportedly laid off more employees from his X social media platform.
A fresh wave of layoffs has hit X, primarily affecting its engineering department, according to a report in The Verge, citing X insiders and posts on workplace platform Blind.
The report claims that “the exact scale of the job cuts is unknown. These cuts come two months after employees submitted one-page summaries telling leadership about their contributions to the company.”
Musk or X have not yet commented on the report.
Recently, the tech billionaire reportedly sent an email to X staff about their much-anticipated stock grants – though there’s a catch.
In an email sent to employees seen by The Verge, the social media platform laid out plans to grant stock options based on employees’ anticipated impact. “This means employees will need to submit a one-page summary telling leadership about their contributions to the company in order to receive their stock,” the report states. Considering how the company has struggled under Musk’s ownership, employees are bracing for more layoffs. Musk bought X (then called Twitter) in 2022 and laid off more than 6,000 employees – about 80 percent of the company’s staff. Employees were forced to justify their roles and even decide whether their own colleagues should be kept on. The job cuts affected diversity and inclusion teams as well as departments like product development and design. Even Twitter’s content moderation team was not spared. In January this year, Twitter reportedly laid off 1,000 employees from its ‘security’ staff, responsible for curbing abusive content online. 80 percent of these were software engineers who focused on “trust and safety issues.”
