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Twitter Faces Lawsuit Over Millions in Unpaid Bonuses

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What’s going on: Twitter is facing a lawsuit filed by its former senior director of compensation, Mark Schobinger, who claims the company failed to pay millions of dollars in promised bonuses to workers, according to Reuters. Twitter is one of the large tech companies that underwent massive layoffs this year.

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Twitter Lays Off 10% Of Its Workforce 

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Farewells were posted on Twitter by those that had been laid off, and the remaining employees used encrypted messaging services verify who was still employed. This came shortly after his decision to let go nearly half of Twitter’s workforce just a week after he had taken control of the company.

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Meta Preps for the Launch of New Twitter Competitor: Threads

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The app is a text-based conversation platform that offers a microblogging experience similar to Twitter, according to the Associated Press. The timing of the launch arrives when there is growing user frustration over recent changes implemented at Twitter.

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Twitter Accused Of Legal Violations During Mass Layoffs, Again

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What’s going on: In a move to reduce costs, Elon Musk’s purchase of the social media platform Twitter resulted in the laying off of nearly 3,700 staff members (nearly half of the company’s employees) back in early November. Subsequently, hundreds more chose to resign.

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Twitter Fires Two Of Its Top Leaders

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Twitter CEO Parag Agrawal has announced that two of the company’s leaders have been fired. . Kayvon Beykpour, General Manager of Consumer, and Bruce Falck, Revenue Product Lead, originally joined the company when Twitter acquired live video streaming app Periscope in 2015. .

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Twitter Faces Second $500M Lawsuit Over Severance Pay Amidst Allegations of Age Discrimination

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What’s going on: Twitter Inc. The news follows the 2022 acquisition of the social media giant by Elon Musk. The class action suit was filed in Delaware federal court by Chris Woodfield, a former senior engineer at Twitter, who alleges that the company specifically targeted older workers for layoffs.

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Twitter Keeps The Layoff Trend Going For Its Trust And Safety Team

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Twitter continues to slash its workforce , with some of its trust and safety team to be on the chopping block. . Last week, Twitter employees in Dublin and Singapore were impacted by dozens of layoffs, including Head of Site Integrity for Asia-Pacific Nur Azhar Bin Ayob and Analuisa Dominguez, senior director of revenue policy. . “We

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