Twitter layoffs: anger and confusion as multiple teams reportedly decimated - as it happened
05/11/2022That’s all for our live coverage today, but we’ll continue to cover developments in the coming days. For now, here’s where things stand:
Twitter has laid off roughly half of its workforce, with an estimated 3,700 cuts across the company.
Audi, General Motors, General Mills and Pfizer were among those who halted advertisements, amid concerns Elon Musk will scale back misinformation and security protections on the platform.
The mass layoffs have reportedly gutted teams that cover human rights, machine learning ethics, curation, communications and accessibility.
Musk said there has been a mass drop in revenue due to advertisers leaving Twitter, which he claimed was an attack on free speech.
Twitter is facing a class-action lawsuit from former employees who say they were not given enough notice under US federal law that they had lost their jobs.
Derrick Johnson, the NAACP’s president, who met with Elon Musk on Tuesday, issued a statement urging all companies to pause ads on the platform.
With possible cuts to spending on critical resources such as cloud storage and servers, experts are particularly concerned about the impact on US midterm elections.