Twitter reportedly lays off at least 50 in relentless cost cuts

Elon Musk's Twitter laid disconnected dozens of employees connected Saturday successful what is astatine slightest the eighth circular of occupation cuts since Musk took implicit the societal web successful precocious October, the Information reported.

The occupation cuts impacted aggregate engineering teams, including those supporting advertizing technology, the main Twitter app, arsenic good arsenic method infrastructure to support Twitter's systems up and running, the study successful the U.S. technology-focused publication, said aboriginal connected Sunday, citing radical with nonstop cognition of the matter.

Twitter did not instantly respond to Reuters petition for a comment.

In aboriginal November, Twitter laid disconnected astir 3,700 employees successful a cost-cutting measurement by Musk, who acquired the institution for $44 billion.

The Information reported that the latest occupation cuts purpose to offset a plunge successful gross pursuing Musk's takeover and further whittle down a unit that had shrunk by astatine slightest 70% to astir 2,000.

Musk successful November said that the work was experiencing a "massive driblet successful revenue" arsenic advertisers pulled spending amid concerns astir contented moderation.