Hundreds of Twitter Employees Have Left The Company In The Last Three Months!

The richest person in the world Elon Muskhas been on the agenda recently because of what happened with Twitter. Tesla and SpaceX CEO first announced in April that they would buy the platform for $44 billion. It was later withdrawn from the deal in July due to spam accounts. Twitter also sued the famous entrepreneur after that. Two weeks ago, Musk renewed the $44 billion offer and wanted to buy the platform once again.

During all these events, a few days ago, quite interesting information emerged. As reported by The Washington Post, Musk’s employees when he bought Twitter lay off 75% appeared to be planned. However, the new data showed that most of the Twitter employees have already started to leave the company, and Musk may not be able to find employees who can fire if the acquisition takes place.

In the last 90 days, 530 Twitter employees have left the company and gone to other tech giants like Google and Meta

According to a report by Greg Larkin and Elizabeth Gafford from Punks & Pinstripes; Hundreds of Twitter employees left the company during the months-long conflict between Musk and Twitter. The company gathered LinkedIn data and reached this data and revealed how many employees the company lost.

Last according to data 530 employees in 90 days The Twitter employee left the company and moved to other companies. It was also seen that these employees preferred other technology companies. This rate is higher than the previous three-month rate. 60% more It should also be noted that. In addition, this month, when the probability of Musk’s purchase strengthens. 50 more people It was seen that he left the company.

More than 1,100 of Twitter’s total of 7,500 employees have left since Musk began buying shares in the company in January. Data shows that 30% of leavers are other tech giants Google and Meta He also showed that he prefers On the other hand, others have turned to other platforms, including Pinterest, LinkedIn, Snap, and TikTok. Greg Larkin, CEO of Punks & Pinstripes, added that Twitter employees are transitioning to start-ups.

Larkin told Business Insider, “The results, the uncertainty between Elon Musk and Twitter are causing top talent to turn to other social media platforms.” used the phrases.

Employees worried about Musk buying the company

We can say that this move of Twitter employees is not a surprise. As we mentioned earlier, Musk wanted to fire a significant portion of these employees if he bought the company. Musk’s employees forced to return to the office probable too. The billionaire also went to such a practice at Tesla. It would also not be wrong to say that if the famous entrepreneur buys Twitter, he can remove CEO Parag Agrawal from his seat.

Another report published in September also showed similarities with the new data. This news shared by Business Insider Concerns about Musk’s purchase He revealed that he left the company because of this.

As a result, we can foresee that these dismissals may affect Musk’s plan. We will see what will happen in the coming days. Musk’s Twitter has until Friday to finalize the deal. If this does not happen, the parties will face each other in court in November.