Layoffs began at Twitter India on November 4, only one week after tech billionaire Elon Musk completed the $44 billion buyout of the social media firm to take it private. Several Twitter employees were notified by email that they had been let go by the social media company in the last 24 hours, people familiar with the matter told Moneycontrol. Members of the company's communication team have also been laid off, Moneycontrol has learnt. Twitter India's product head Shirish Andhare has removed his designation from his Twitter bio.
Twitter's new owner Elon Musk may have put a price tag on the much-coveted blue check mark, but he could free up the news/technology/elon-musk-may-make-twitter
from the confines of the microblogging site's subscription service and make it available to all. According to a Bloomberg report, the first major change under Musk will be opening the feature to everyone as early as next week. Additionally, Twitter aims to start selling blue verification badges for user profiles as soon as next week. The badges will be part of an $8-a-month subscription that could go live as early as Monday, according to people familiar with the plans. Users who already have a blue verification badge will have a multi-month grace period before they will either need to pay for the badge or lose it.
Twitter's new owner Elon Musk may have put a price tag on the much-coveted blue check mark, but he could free up the edit button from the confines of the microblogging site's subscription service and make it available to all. According to a Bloomberg report, the first major change under Musk will be opening the feature to everyone as early as next week. Additionally, Twitter aims to start selling blue verification badges for user profiles as soon as next week. The badges will be part of an $8-a-month subscription that could go live as early as Monday, according to people familiar with the plans. Users who already have a blue verification badge will have a multi-month grace period before they will either need to pay for the badge or lose it.
Twitter's new owner Elon Musk news/business/musk-fired-twitter-execs-in-attempt-to-avoid-payouts-layoffs-planned top executives in an effort to avoid hefty severance payouts, while lining up other layoffs as soon as Saturday to avoid stock grants due on Nov. 1, according to media reports on Saturday. Musk fired Twitter Chief Executive Parag Agrawal, Chief Financial Officer Ned Segal and legal affairs and policy chief Vijaya Gadde on completion of a high-profile $44 billion buyout of the social media platform on Thursday, people familiar with the matter told Reuters.
Twitter's new owner Elon Musk fired top executives in an effort to avoid hefty severance payouts, while lining up other layoffs as soon as Saturday to avoid stock grants due on Nov. 1, according to media reports on Saturday. Musk fired Twitter Chief Executive Parag Agrawal, Chief Financial Officer Ned Segal and legal affairs and policy chief Vijaya Gadde on completion of a high-profile $44 billion buyout of the social media platform on Thursday, people familiar with the matter told Reuters.
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