Twitter stopped hiring new employees and unexpectedly fired two top managers

Twitter CEO Parag Agrawal announced a hiatus on new hires and spending cuts overall amid a global economic downturn and a period of uncertainty leading up to Elon Musk’s acquisition of the social network. In addition, the company lost two top managers unexpectedly for them.

Image source: geralt/pixabay.com

Image source: geralt/pixabay.com

In addition to halting recruitment, according to an internal instruction obtained by Bloomberg through its channels, the company can cancel job offers already made. This does not apply to business-critical positions. In addition, it is planned to save on business trips, consulting services and marketing.

According to Agarwal, one of the main reasons for the change was the events in Ukraine, as well as disruptions in supply chains, which in some way affected Twitter’s business performance. However, no major layoffs are expected, although management will continue to streamline the business.

An unpleasant surprise for top managers was the unexpected dismissal of the director of consumer relations Kayvon Beykpour, as well as the director of revenue management Bruce Falk (Bruce Falck). “The truth is, I didn’t envision leaving Twitter this way and at the wrong time. Parag asked me to leave after saying that he intends to take the team in a different direction,” Bakpour wrote on the social network.

Both senior executives will be filled by Twitter’s VP of Product Jay Sullivan, who has spoken at recent corporate events about the need to focus on fewer projects.

At the same time, the likely future owner Elon Musk does not yet have any influence on the decision-making process in the company, and it could take months to complete the purchase. This situation leaves employees and managers in a state of complete uncertainty, since they do not know which areas will be priority under the new owner.

If you notice an error, select it with the mouse and press CTRL + ENTER.

Related Posts

UK to regulate cryptocurrency memes: illegal advertising

Britain’s financial services regulator has issued guidance to financial services companies and social media influencers who create memes about cryptocurrencies and other investments to regulate them amid…

unofficial renders of the Google Pixel 9 and information about the Pixel 9 Pro XL

The whistleblower @OnLeaks and the site 91mobiles presented the renders of the Google Pixel 9 phone. Four images and a 360° video show a black smartphone with…

Embracer to sell Gearbox (Borderlands) to Take-Two (Rockstar and 2K) for $460 million

Embracer continues to sell off assets – the Swedish gaming holding has just confirmed the sale of The Gearbox Entertainment studio to Take-Two Interactive. The sum is…

photo of the new Xbox X console

The eXputer site managed to get a photo of a new modification of the Microsoft Xbox game console. The source reports that it is a white Xbox…

Israel Deploys Massive Facial Recognition Program in Gaza, – The New York Times

The Technology section is powered by Favbet Tech The images are matched against a database of Palestinians with ties to Hamas. According to The New York Times,…

Twitch has banned chest and buttock broadcasts of gameplay

Twitch has updated its community rules and banned the focus of streams on breasts and buttocks. According to the update, starting March 29, “content that focuses on…

Leave a Reply

Your email address will not be published. Required fields are marked *