Twitter Warns Staff of Potential Cuts to Employee Bonuses

Twitter warned employees that the scale of bonus funds this yr was in danger as a result of of monetary difficulties, including to belt-tightening measures tech firms are implementing throughout an financial downturn.

The social-media firm Friday advised staff it had “experienced significant challenges” to income since January. It linked these to a spread of elements, together with issues within the international economic system and others tied to uncertainty over Elon Musk’s $44 billion acquisition of the social-media platform, which the billionaire is attempting to abandon.