After laying off close to 50 per cent of its workforce, Twitter Inc is now asking them to return as they were terminated ‘by mistake’.
Last week, Twitter witnessed a massive layoff across teams globally.
In India, over 50 per cent of the staff was laid off without prior notice.
Musk bought Twitter in a $44 billion deal on October 25.
As his first order of business, he fired the top executives of the company, including the Indian-origin CEO Parag Agrawal, and legal head Vijay Gadde.
Musk justified the layoffs in a tweet, “Regarding Twitter’s reduction in force, unfortunately there is no choice when the company is losing over $4M/day.”
Source: BusinessToday
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