Feb 27, 2023

Twitter reportedly lays off 200 more employees

Twitter has laid off at least 200 staff in another round of cuts, according to reports in the New York Times. Esther Crawford, chief executive of Twitter Payments, who oversaw the Twitter Blue verification subscription model, said she was "Deeply proud of my team" in a tweet after being among those released. Nobody was expecting Esther Crawford, who had established herself as an influential figure in so-called Twitter 2.0, to be laid off. At the end of January, more than 10,000 jobs were lost in eight days across six large tech companies including Spotify, Intel and IBM. The Twitter cuts come a month after Reuters reported the firm had made its first interest payment on a bank loan used by Mr Musk to finance the purchase. It is being sued by the Crown Estate in the UK over alleged unpaid rent for its London headquarters, and faces a similar lawsuit in the US over unpaid rent at its San Francisco HQ. And a lawyer representing more than 100 former employees sacked by Twitter told the BBC in February the number of staff launching legal action against the company "Goes up daily".

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