News

Twitter General Counsel Sean Edgett:There have been no plans for any companywide layoffs

2022/10/21 01:40

According to Bloomberg, The Washington Post reported earlier that Musk plans to slash Twitter’s workforce by almost 75% in a matter of months. Musk had told investors he intended to shrink staff in his initial pitch to bankers for funding. In a memo to staff following the Washington Post report, General Counsel Sean Edgett warned workers to expect “tons of public rumors and speculation” as the closing of the deal nears. “Since the merger agreement has been in place, there have been no plans for any companywide layoffs,” he said.
bullishbullishbullish3bearishbearishbearish22Share
DisclaimerThe content above does not represent HTX's positions.HTX does not provide any trading recommendations.

Related Articles

  • Image

    Bitcoin Price Continues Recovery, Breaks Above $60,000 — What Next?

  • Ethereum developers consider splitting Pectra upgrade, eye February target

  • Image

    Bitcoin’s Enthusiasm Grows: Positive Sentiment Hits New Highs Amid Market Recovery

All Comments0LatestHot

LatestHot
noContent

No records

Related Articles

  • Image

    Bitcoin Price Continues Recovery, Breaks Above $60,000 — What Next?

  • Ethereum developers consider splitting Pectra upgrade, eye February target

  • Image

    Bitcoin’s Enthusiasm Grows: Positive Sentiment Hits New Highs Amid Market Recovery