XLayoffs: Even though the world’s richest man, Elon Musk, has been consistently on top in the list of the richest people, the news of layoffs in his companies also keeps coming. The most prominent name among these is that of social media platform X. Recently, information has been received that Elon Musk has reportedly laid off some more employees from his social media platform X.
According to the report, there will be layoffs here in X
According to a report by The Verge, citing X’s inside sources and a post on workplace platform Blind, it has been said that employees have been reduced from X’s engineering department. According to the report, just two months before the layoffs, employees were asked to submit a one-page summary of their contributions to the company to their leaders. The Verge reports that this means that in order to receive their stock, employees had to submit a one-page summary to their leaders about their contributions to the company. The sword of retrenchment has now been imposed on those employees who did or did not do so.
How many employees were employed?
There is no information regarding the number of employees who have been affected under this retrenchment process. Elon Musk and X have not yet given any official information regarding this layoff. Let us tell you that Elon Musk has been campaigning for Donald Trump for the US Presidential elections for a long time.
recent events
Ax owner Elon Musk recently reportedly sent an email to Ax staff regarding his stock grants that contained a condition. In this email sent to the company employees, it has been said that the social media platform has planned to give stock options based on the impact on the employees.
Order for layoff of 1000 employees was given in January
In January this year too, X had reportedly fired 1,000 of its ‘safety’ staff. Of these, 80 percent were software engineers who focused on trust and safety issues and worked to prevent abusive content.
Along with buying X, Elon Musk made huge layoffs
Musk bought X in 2022 and during that time he fired about 80 percent of the company’s employees. More than 6000 employees were laid off in the company. The cuts had affected many departments of the company like diversification, inclusion, product development and design. Employees in the company’s content moderation team were also laid off.
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