Casey Newton (@CaseyNewton)
nitter.snopyta.org
Update: company sources tell me that yesterday Twitter eliminated ~4,400 of its ~5,500 contract employees, with cuts expected to have significant impact to content moderation and the core infrastructure services that keep the site up and running. People inside are stunned.

Entire tweet...

Update: company sources tell me that yesterday Twitter eliminated ~4,400 of its ~5,500 contract employees, with cuts expected to have significant impact to content moderation and the core infrastructure services that keep the site up and running.

People inside are stunned.

  • Red_Left_Hand [none/use name]
    ·
    2 years ago

    Needs to squeeze out extra profit to pay off the interest on the loan. If he defaults on that, he could lose all of Twitter to some of the most repugnant banks in existence (which is a lateral move)