- Twitter is pausing most hiring this week as two executives are leaving the company, a spokesperson confirmed on Thursday.
- The news comes as billionaire Elon Musk seeks to complete his $44 billion deal to buy the company and take it private.
- Twitter said it will pull back on non-labor costs.
Twitter is pausing most hiring this and two executives are leaving the company, a spokesperson confirmed on Thursday.
The news comes as billionaire Elon Musk seeks to complete his $44 billion deal to buy the company and take it private. Musk told banks in raising money for the deal he would cut executive and board pay and push the company to lower other costs, Reuters previously reported.
www.cnbc.com/2022/05/12/twitter-freezing-hiring-and-cutting-costs-as-execs-depart.html
Views: