Twitter has about 2,300 active employees, Elon Musk said in a tweet on Saturday. CNBC reported Friday that Twitter's full-time workforce has dwindled to about 1,300 active employees.
About 75 of his 1,300 employees at the company, including about 40 engineers, are on furlough, CNBC said, citing internal records.
"Wrong note. Twitter has about 2,300 active employees," billionaire Musk tweeted in response to a tweet citing CNBC.
BREAKING: Twitter has around 1,300 employees today, per CNBC, from 7,500 in November.
— unusual_whales (@unusual_whales) January 20, 2023
"We still have hundreds of employees working on trust and security, along with thousands of contractors," Musk added.
Musk said he acquired Twitter in October and quickly implemented a series of product and organizational changes. The company introduced Twitter-verified blue checkmarks as a paid service and laid off about 50% of its employees.
Earlier this week, it was reported that Twitter plans to lay off 50 employees in the social media site's product division in the coming weeks. The layoffs, which come six weeks after CEO Elon Musk reportedly told employees there would be no further layoffs, could reduce the company's workforce to fewer than 2,000.
Musk acquired Twitter in October and implemented a series of swift product and organizational changes. The company introduced Twitter-verified blue checkmarks as a paid service and laid off about 50% of its employees. Musk said in November that Twitter was facing a "significant drop in revenue" as advertisers pulled back.
Twitter's fourth-quarter sales fell by about 35% to $1.025 billion (roughly 8.3 billion rupees), according to top advertising executives at a staff meeting with online publication The Information on Wednesday. Told.
© Thomson Reuters 2023
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