Twitter’s New Job Cuts and other Retailer Earnings

By Staff Reporters



Twitter cuts more jobs: Just this past weekend, CEO Elon Musk laid off at least 200 workers from the company, which was about 10% of the ~2,000 employees still left at Twitter. When Musk bought the company last fall, there were roughly 7,500 people working there. Product Manager Esther Crawford was one of those let go—she had been heading up the Twitter Blue verification subscription service


Other retailers in the spotlight: This week’s slate of earnings is all about retail. Target, Dollar Tree, Macy’s, Kroger, and others will give us an update on American consumer health in this period of ripping inflation.


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