Elon Musk recently bought Twitter for $44 billion, and the dems aren’t happy about it.
The world’s richest man rattled the left with his latest purchase. But they shouldn’t be too surprised. After all, Musk is a self-made billionaire… and he’s constantly shaking up the status quo.
He’s the perfect person to take over Twitter and make it into a beacon of free speech. Musk buying Twitter has the dems feeling threatened.
Elon Musk to Layoff Twitter Employees
Shortly after taking over Twitter, Musk planned to fire 3,700 employees. This is about half of Twitter’s workforce.
This is part of Musk’s plans to reshape Twitter’s workforce. He plans to cut costs and relieve the company’s debt from overpaying its employees. Moreover, the Twitter owner wants to have the company more focused on:
- Software Engineering
- Design
- Infosec
- Server Hardware
Every Twitter employee received an email about the layoff. It read, “Team, in an effort to place Twitter on a healthy path, we will go through the difficult process of reducing our global workforce on Friday.”
“We recognize that this will impact a number of individuals who have made valuable contributions to Twitter, but this action is, unfortunately, necessary to ensure the company’s success moving forward.”
Several top executives have already exited the company amid the impending layoffs, including:
- Chief Executive Officer – Parag Agrawal
- Chief Financial Officer – Ned Segal
- Head of Legal Policy, Trust and Safety – Vijaya Gadde
Former Employees Sue Twitter for Mass Layoff
Twitter is being sued over new owner Elon Musk’s decision to cut 3,700 staff jobs. A class-action lawsuit was filed in a US District Court in San Francisco by a handful of former employees.
The employees argue that Musk broke federal and California state law by not giving enough notice for mass layoffs.
Moreover, the lawsuit claims that Musk violated both the federal and state WARN Act and the Worker Adjustment and Retraining Notification Act… which requires large companies to give 60 days’ notice before issuing mass layoffs.
One of the plaintiffs said they were terminated recently, and three other staffers were locked out of their Twitter accounts. They ask a judge to file an injunction to stop Twitter from laying off employees.
Shannon Liss-Riordan, the attorney who filed the lawsuit, shared her thoughts on Bloomberg. She believes that employees should fight for their rights.
Riordan said, “We filed this lawsuit tonight to make sure that employees are aware that they should not sign away their rights and that they have an avenue for pursuing them.”
Elon Musk Remains Firm on His Stand to Layoff Twitter Employees
The current Twitter owner defended his choice to cut half of the company’s workforce. He believes that his newly acquired business quickly loses large sums of money.
The billionaire wrote, “Regarding Twitter’s reduction in force, unfortunately, there is no choice when the company is losing over $4M/day.”
Musk is a businessman, and he knows what he’s doing. From the looks of it, he must first remove numerous employees to make the company a true beacon for free speech.
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