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.”
Continuing the achievement of the journey of effectiveness and credibility of more than 10 years in the career of journalism, as a woman journalist, I am Serving as the founder, promoter and editor of DiaryTimes with the trust and support of all. My credible coverage may not have given a big shape to the numbers, but my journey presents articles that make you aware of the exact and meaningful situations of Himachal’s politics, ground issues related to the public, business, tourism and the difficult geographical conditions of the state and financial awareness. DiaryTimes, full of the experience of my precise editorial expertise, is awakening the flame of credible journalism among all of you, so that the eternal flame of meaningful change can be lit in the life of the people of the state and the atrocities being committed against the people can be brought to the fore, I am motivated for that. If even a small change comes with the power of my journalism and the whole world becomes a witness to that issues, then I will consider myself fortunate.
