According to Verge reports, the new boss of Twitter Elon Musk held a meeting of all employees. He told employees at the meeting that the company has no plans to make more layoffs and is currently hiring for engineering and advertising sales positions.
Starting late last Sunday, Elon Musk laid off more employees in the sales department, further cutting the number of employees who had already dropped significantly due to layoffs and resignations. Some affected employees have been receiving notices since Sunday, people familiar with the matter said, but it remains unclear how many layoffs were made in the round.
The social media company has been in turmoil since Elon Musk bought Twitter for $44 billion last month. Elon Musk has laid off more than half of his staff one after another and raised the possibility of Twitter going bankrupt.