NEW YORK – Workers are bracing for widespread layoffs at Twitter on Friday as new owner Elon Musk overhauls the social platform.
In a letter to employees obtained by multiple media outlets, the company said workers would learn by 9 a.m. Pacific Standard Time if they were fired. The email did not say how many people would lose their jobs.
Some employees tweeted early Friday that they had already lost access to their work accounts. The email to staff said the job cuts were “necessary to ensure the company’s success moving forward.”
Twitter’s roughly 7,500 workers have been facing layoffs since Musk took the company’s helm. Already, Tesla’s billionaire CEO has fired top executives, including CEO Parag Agrawal, on his first day as Twitter owner.
Read more: Inside Twitter’s Chaotic First Weekend Under Elon Musk
He also removed the company’s board of directors and installed himself as the sole board member. On Thursday night, many Twitter employees took to Twitter to express their support for one another—often simply posting blue heart emojis to signify Twitter’s blue bird logo—and greeting emojis in replies to each other .
As of Thursday, Musk and Twitter had not given any public notice of the upcoming layoffs. This is even though the Employee Adjustment and Retraining Notification statute requires employers with at least 100 employees to disclose layoffs involving 500 or more employees, regardless of whether a company is publicly traded or privately held.
Barry C. White, a spokesman for the California Department of Employment Development, said Thursday that the agency has not received any recent such notices from Twitter.
A class-action lawsuit was filed Thursday in San Francisco federal court on behalf of a fired employee and three others who were locked out of their work accounts. He claims that Twitter intends to lay off more employees and has broken the law by failing to provide the required notice.
The layoffs come at a difficult time for social media companies as advertisers cut back and new entrants — notably TikTok — threaten the older class of social media platforms like Twitter and Facebook.
Read more: Elon Musk’s net worth has dropped by $9 billion since buying Twitter
Meta Platforms Inc., the parent company of Facebook, recently posted its second-ever quarterly revenue decline and its shares are trading at their lowest levels since 2015. Meta’s disappointing results followed weak earnings reports from Google parent Alphabet, even Microsoft.
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