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Twitter Latest: Civil Rights Groups to Boost Advertiser Pressure

Bloomberg business news
Musk Plans Massive Layoffs at Twitter
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Twitter Inc. began notifying employees affected by a far-reaching round of job cuts, and some learned they’ll be paid for two months. As this was happening, the new owner, Elon Musk, said the business experienced a “massive drop” in revenue as many advertisers withdrew.

The week after the billionaire took over and promised sweeping changes, workers around the world were checking two email addresses to find out if they still have a job, according to an internal memo sent to employees and seen by Bloomberg. An email to their work account means they’ve been retained. A letter in their personal inbox means they’ve been fired.