The move comes as the San Francisco-based company continues to await a pending acquisition by Elon Musk, a process that has been marked by confusion and contention between the social media company and the billionaire Tesla CEO.
Twitter said in May - just weeks after Musk agreed to buy the company - that it would halt most hiring and backfills, except for"business critical" roles, and would pull back on other non-labor costs. Several senior executives announced their exit from the company at the same time. Despite signing a definitive agreement to buy the company in April, Musk has suggested he could try to pull out of the deal over concerns about the number of bots on the platform - reasoning that analysts have suggested could simply be an attempt to create an excuse for exiting a deal that seems overpriced in light of the market downturn. Shares of Tesla, which Musk is relying on in part to finance the deal, have also declined sharply since the Twitter acquisition agreement.
Only the beginning. Users will start to dwindle.
Its in the interest of genuine, local San Franciscans who survived the Lee gentrification scam to encourage big tech employers and their job seekers to look elsewhere for their exploitation. Big tech leave please!