San Francisco:
Elon Musk, who is busy promoting Donald Trump ahead of the closely watched US presidential elections on November 5, has reportedly laid off more employees from his social media platform X.
A new wave of layoffs has hit X, mainly affecting its engineering department, according to a report in The Verge, citing sources within X and posts on workplace forum Blind.
“The exact extent of job losses is still unknown. These savings come just two months after employees were required to submit a one-page executive summary detailing their contributions to the company,” the report said.
Musk or X declined to comment on the report.
Recently, the tech billionaire reportedly sent an email to X's staff about their long-awaited stock awards – albeit with a catch.
In an email to The Verge staff, the social media platform planned to award stock options based on employees' expected impact.
“That means staff must submit a one-page summary detailing leaders' contributions to the company in order to receive their shares,” the report said.
Considering how the company continued to struggle under Musk's ownership, employees have been bracing for more layoffs.
Musk bought X (then called Twitter) in 2022 and laid off more than 6,000 employees — about 80 percent of the company's workforce.
The workforce was forced to justify their roles and even assess whether their own colleagues should be retained.
The job losses have affected departments such as diversity and inclusion teams, as well as product development and design. Even Twitter's content moderation team was not spared.
In January this year, Of these 80 percent were software engineers who focused on “trust and security issues.”
(Except for the headline, this story has not been edited by Our staff and is published from a syndicated feed.)
