Twitter just isn't company-wide layoffs however might probably proceed to restructure the enterprise, the social media firm stated in a submitting on Wednesday.
The submitting comes a day after Twitter sued Tesla Chief Govt Elon Musk for violating his $44 billion deal to purchase the corporate and requested a Delaware court docket to order the world’s richest particular person to finish the merger on the agreed $54.20 per Twitter share.
Twitter additionally stated on Wednesday it despatched Musk a proper request to approve two tailor-made worker retention packages in June, however he has not offered his consent.
Musk didn't instantly reply to a request for remark when reached by way of Tesla.
Twitter staff have expressed widespread concern about Musk taking on the corporate due to his preferences for slicing headcount and different prices, reducing content material moderation and limiting distant work.
In Might, the corporate stated it will pause hiring and assessment all current job presents to find out whether or not any “must be pulled again.”
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