The Blubber

Elon Musk Announces No More Layoffs After Twitter Staff Dropped from Nearly 7,500 to 2,700 People
11/22/2022

Per The Verge

Since Elon Musk's $44 billion acquisition of Twitter, the number of workers has dropped from 7,500 to 2,700 people.

The new Twitter CEO held an all-hands meeting with employees, saying the company is done with layoffs and is recruiting for roles in engineering and sales. Employees were encouraged to make referrals.

Musk specified that the highest priority was "people who are great at writing software." Twitter recruited were already reaching out to engineers inviting them to join "Twitter 2.0  — an Elon company.”

The CEO said that stock options will still be given to employees, and they are free to cash them out regularly, like with SpaceX.

Stay Updated

Subscribe to our newsletter for the latest financial insights and news.

Topics and Tags
Crypto
Earnings
Options Flow
Memes
Options calculator
TSLA
bid ask
buy to close
buy to open
bull call spread
congress
covid
energy
floor
government
hot tickers
insider knowledge
nasdaq
news
overbought
oversold
unusual options
weed
tastytrade logo+
With Unusual Whales
Get the best broker for options trading and earn Unusual Whales discounted! in cash with an eligible account deposit at tastytrade. Get Unusual Whales Discounted when you deposit $2000 in your new tasty account.
Unusual Whales does not confirm the information's truthfulness or accuracy of the associated references, data, and cannot verify any of the information. Any content on this site or related pages are not intended to provide legal, tax, investment or insurance advice. Unusual Whales Inc. is not registered as a securities broker-dealer or an investment adviser with the U.S. Securities and Exchange Commission, the Financial Industry Regulatory Authority (“FINRA”) or any state securities regulatory authority. Nothing on Unusual Whales should be construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any security by Unusual Whales or any third party. Options, investing, trading is risky, and losses are more expected than profits. Please do own research before investing. Please only subscribe after reading our full terms and understanding options and the market, and the inherent risks of trading. It is highly recommended not to trade on this, or any, information from Unusual Whales. Markets are risky, and you will likely lose some or all of your capital. Please check our terms for full details.
Any content on this site or related pages are not intended to provide legal, tax, investment or insurance advice. Unusual Whales Inc. is not registered as a securities broker-dealer or an investment adviser with the U.S. Securities and Exchange Commission, the Financial Industry Regulatory Authority (“FINRA”) or any state securities regulatory authority. Nothing on Unusual Whales should be construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any security by Unusual Whales or any third party. Certain investment planning tools available on Unusual Whales may provide general investment education based on your input. You are solely responsible for determining whether any investment, investment strategy, security or related transaction is appropriate for you based on your personal investment objectives, financial circumstances and risk tolerance. You should consult your legal or tax professional regarding your specific situation. See terms for more information.