To ensure the security of all employees and Twitter’s systems and data, our offices will be temporarily closed and access to ID cards will be blocked.the California company said in an internal email seen by AFP on Thursday.

The message informs the staff about this“You will be notified by email when your position is terminated or not, without specifying the number of positions affected.

Corresponding Washington Post, Elon Musk has planned to thank about 50% of the group’s approximately 7,500 employees. Once he took power, he had done it dissolved the board of directors and fired the CEO and other executives.

online reactions

Shortly after the layoffs were announced, Twitter employees took to the social network to announce their job cuts, in part using the hashtags #LoveWhereYouWork and #OneTeam.

Has it started yet? Happy release day, so started on Thursday evening Rumman Chowdhury, who presents himself on LinkedIn as Twitter’s director of ethics for artificial learning. She accompanied her post with a screenshot showing that she was denied access to her work email.

All my thoughts, respect, energy and love for it chirps (nickname of Twitter employees) around the world. We made the most amazing app in the world togetherwrote Damien Much, general manager of Twitter France, on Friday.

On Thursday night, five of the newly fired individuals filed a class action lawsuit against the company for failing to receive the 60-day notice period required by US law for mass layoffs (warning law), according to the complaint text consulted by AFP.

A heavy debt

To fund his $44 billion (CAN$60 billion) acquisition, the billionaire entrepreneur borrowed the company, which was already in poor financial health. The company posted a significant deficit in the first two quarters of the year.

Elon Musk has taken out $13 billion (C$17.5 billion) in loans, which Twitter, not the Tesla CEO, will have to repay.

The company also sold approximately $15.5 billion (C$20.9 billion) of its stake in the electric-car maker and secured $12.5 billion (C$16.8 billion) in loans in two waves in April and August Canadian dollars) for its Tesla securities.

ideas for profitability

One of Mr. Musk’s main ideas for generating income is a subscription for $8 per month (approximately 11 Canadian dollars) that allow users to have their account certified, be exposed to fewer ads and enjoy various benefits.

This announcement drew a lot of criticism and caution, especially from people who already have an authenticated account.

On Friday, Mr Musk blamed the drop in Twitter earnings a group of activists who put pressure on advertisers when content moderation hasn’t changed and such [tout a été] made to appease activists.

It’s complete garbage! [Ces activistes] trying to destroy freedom of speech in Americaadded the bubbly fifties.

Mr Musk must indeed address the concern of advertisers who wonder about the risks of relaxing content moderation.

Groups break up

Several corporations have already decided to suspend their advertising spending on Twitter, including American agribusiness giant General Mills American car manufacturer General Motors (GM) and German competitor Volkswagen.

After Twitter announced the revision of its brand safety guidelines, the Volkswagen Group has recommended its brands to suspend their paid activities on the platform until further noticethe Wolfsburg group confirmed on Friday to Agence France Presse (AFP).