Mark your calendar for Mediaweek, October 29-30 in New York City. We’ll unpack the biggest shifts shaping the future of media—from tv to retail media to tech—and how marketers can prep to stay ahead. Register with early-bird rates before sale ends!
A different kind of Black Friday dawns at Twitter following reports that roughly 3,700 jobs, or about one-half of the company’s workforce, will be eliminated this Friday.
Edward Ludlow and Kurt Wagner of Bloomberg reported that new Twitter owner Elon Musk is focused on slashing costs at the company following his $44 billion deal to acquire it.
Twitter did not respond to a request for comment.
Affected employees will be notified Friday, Ludlow and Wagner reported, adding that the policy enabling employees to work from anywhere will end, and those who are left will be required to work from Twitter’s offices, with some possible exceptions.
Final
WORK SMARTER - LEARN, GROW AND BE INSPIRED.
Subscribe today!
To Read the Full Story Become an Adweek+ Subscriber
Already a member? Sign in