Elon Musk Says Twitter Ready to Hire Again After Layoffs, Recent Mass Resignation
Elon Musk announced that Twitter is done with layoffs and is now actively recruiting for roles in engineering and sales, with the social media company's employees encouraged to make referrals.
The new developments in Twitter under the ownership of Musk were noted by two people at the all-hands meeting and a partial recording obtained by The Verge.
Twitter recruiters were already contacting engineers, asking them to join Twitter under Musk's leadership.
Musk did not specify the kinds of engineering or sales roles Twitter was hiring for. In addition, the company does not currently have any open roles listed on its website.
The CEO noted that he would say people who are great at writing software are "the highest priority" when it comes to critical hires.
Musk also announced that there are currently "no plans" to move Twitter's headquarters to Texas just like he did with Tesla. However, he said that it could make sense to be "dual-headquartered" in California and Texas.
He also told employees that it is "not a right-wing takeover of Twitter," but a "moderate-wing takeover."
Musk also noted that employees will be given stock options on Twitter and be able to cash them out regularly like at SpaceX, which was his other company that is also privately held.
There were around 7,400 people before Musk laid off about half the company.
Twitter Layoffs
It was reported in the first week of November that Musk will start his mass layoffs in the company. An email to staff announced that they will be reducing their global workforce on Friday in an "effort to place Twitter on a healthy path."
The notice added that those who will keep their jobs will get an email to their work account while those being laid off will receive a notification to their personal email.
Employees were then told not to disclose "confidential company information" on social media or with the press.
Musk already fired several Twitter top executives upon his Twitter takeover, including chief executive Parag Agrawal, finance chief Ned Segal, and legal affairs and policy chief Vijaya Gadde.
It was reported that the layoffs were expected to hit the company broadly, with cuts in marketing, product, engineering, legal, and trust and safety.
Twitter Mass Resignation
Last week, Twitter saw mass resignation with departures including several engineers responsible for fixing bugs and preventing service outages.
The mass exodus of the social media's employees raised concerns about the company's stability with debates among managers over who should be asked to return, according to current and former Twitter employees.
Later on, Twitter announced through email that it would close its office buildings and disable employee badge access.
One source familiar with the matter noted that the Twitter app used by employees started slowing down.
One information security expert warned that the site could now be targeted for hacks if overnight departures have affected engineering functions severely.
READ MORE: Elon Musk Warns World: Global Recession Could Last 'Until Spring '24'
This article is owned by Latin Post.
Written by: Mary Webber
WATCH: Twitter's future uncertain as more employees resign - from CBS News
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