Elon Musk-owned Twitter has reportedly laid off at least 200 employees, or about 10% of its workforce, in its latest round of job cuts on Sunday.
The current round of layoffs — which is at least the fourth one since Musk assumed ownership of Twitter in November last year — impacted product managers, data scientists and engineers who worked on machine learning and site reliability, which helps keep Twitter’s various features online, the New York Times reported late on Sunday, citing people familiar with the matter.
The latest job cuts follow a mass layoff in early November last year, when Twitter laid off about 3,700 of its 7,500 employees in a cost-cutting measure by Musk, who had acquired the company for $44 billion in October 2022. The social media platform now has a workforce of less than 2,000, according to the news site.
Meanwhile, Twitter product manager Esther Crawford who headed various projects at Twitter, including the company’s Blue with verification subscription as well as Twitter’s forthcoming payments platform was reportedly fired. According to a report by The Verge, Crawford and most of the remaining product team were laid off this weekend. According to the news website, this has led to speculation that Twitter’s owner Elon Musk may be about to install a new regime at the company.