San Francisco-based Twitter fired about half of its staff after Elon Musk bought the company last month in a $44 billion deal. AFP
San Francisco-based Twitter fired about half of its staff after Elon Musk bought the company last month in a $44 billion deal. AFP
San Francisco-based Twitter fired about half of its staff after Elon Musk bought the company last month in a $44 billion deal. AFP
San Francisco-based Twitter fired about half of its staff after Elon Musk bought the company last month in a $44 billion deal. AFP

Twitter backtracks and asks some fired workers to return


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Twitter, after laying off roughly half the company on Friday following Elon Musk’s $44 billion acquisition, is now reaching out to dozens of employees who lost their jobs and asking them to return.

Some of those who are being asked to return were laid off by mistake, according to two sources.

Others were let go before management realised that their work and experience may be necessary to build the new features Mr Musk envisions, the sources said.

Twitter cut close to 3,700 people this week via email as a way to trim costs after Mr Musk’s acquisition, which closed in late October.

Many employees learnt they had lost their job after their access to company-wide systems, such as email and Slack, was suddenly suspended.

The requests for employees to return demonstrates how rushed and chaotic the process was.

A Twitter representative did not reply to a request for comment. Twitter’s plan to hire back workers was previously reported by Platformer.

“Regarding Twitter’s reduction in force, unfortunately there is no choice when the company is losing over $4M/day,” Musk tweeted on Friday.

Twitter has close to 3,700 employees remaining, according to the sources.

Mr Musk is pushing those who remain at the company to move quickly in shipping new features, and in some cases, employees have even slept at the office to meet new deadlines.

Twitter unveiled a new Twitter Blue subscription plan at the weekend, offering a verification check mark for any user who pays $8 a month.

The company also said it would soon be launching other features, including half the advertisements, the ability to post longer videos and get priority ranking in replies, mentions and searches.

Key findings of Jenkins report
  • Founder of the Muslim Brotherhood, Hassan al Banna, "accepted the political utility of violence"
  • Views of key Muslim Brotherhood ideologue, Sayyid Qutb, have “consistently been understood” as permitting “the use of extreme violence in the pursuit of the perfect Islamic society” and “never been institutionally disowned” by the movement.
  • Muslim Brotherhood at all levels has repeatedly defended Hamas attacks against Israel, including the use of suicide bombers and the killing of civilians.
  • Laying out the report in the House of Commons, David Cameron told MPs: "The main findings of the review support the conclusion that membership of, association with, or influence by the Muslim Brotherhood should be considered as a possible indicator of extremism."
While you're here
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Real estate tokenisation project

Dubai launched the pilot phase of its real estate tokenisation project last month.

The initiative focuses on converting real estate assets into digital tokens recorded on blockchain technology and helps in streamlining the process of buying, selling and investing, the Dubai Land Department said.

Dubai’s real estate tokenisation market is projected to reach Dh60 billion ($16.33 billion) by 2033, representing 7 per cent of the emirate’s total property transactions, according to the DLD.

Updated: November 07, 2022, 6:43 AM`