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| Picture of Elon Musk Twitter Page |
Twitter is an online social media and social networking service owned and operated by American company Twitter Inc., on which users send and interact publicly or privately with 280-character-long messages, images and videos known as "tweets". Registered user can tweet, like, 'retweet' tweets and Direct Message (DM), while unregistered users only have the ability to view public tweets. Users interact with Twitter through browser or mobile frontend software, or programmatically via its APIs. ( Sources : wikipedia.org ).
Recently Elon Musk known as world's most richest person buying Twitter stocks and becoming one of the board member.
Because of the ownership 9,2 % of twitter stocks own by Elon Musk he has becoming the CEO of Twitter.
Media all around the world now talking about Elon Musk who fired half of his employee and charging twitter user for a blue mark.
Elon Musk reducing more than half of Twitter's employees after taking over the company. He believes that Twitter company has to many workers than who actually work.
Regarding Twitter’s reduction in force, unfortunately there is no choice when the company is losing over $4M/day.
— Elon Musk (@elonmusk) November 4, 2022
Everyone exited was offered 3 months of severance, which is 50% more than legally required.
From tweet above Elon Musk says because of the reduction employee in force Twitter company losing over $4M per day and he said that it is required to make Twitter survived and better rather than getting bankruptcy.
Elon said to in the his twitter post that Twitter offered 3 months of severance for exited after getting fired and that is 50% more severance than legally required.
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