YOUR BUSINESS AUTHORITY
Springfield, MO
Twitter’s workforce is facing massive layoffs, no matter who owns the company, The Washington Post reports.
The report cited interviews and documents showing that Elon Musk plans to cut nearly 75% of Twitter’s 7,500 staff if he buys the company.
Twitter’s current management is looking at reducing payroll by about $800 million by the end of next year, according to the report. That would equate to nearly a quarter of the workforce.
Read more from The Washington Post.
This installment of Springfield Business Journal’s Architects & Engineers Project Report showcases 26 endeavors by area design and engineering professionals.
Longtime employee sues Ozarks Tech, alleges retaliation
Cavender’s opens hat shop in southeast Springfield
Eric Schmitt introduces Modern Skies Act
Caterpillar to acquire John Fabick Tractor Co.
Springfield airport to cut the ribbon on $35M in construction projects
Legacy Bank accused in lawsuit of failing to protect customers in data breach