Twitter lays off another 10% of workforce - NYT

STORY: More jobs appear to be going at Twitter.

The social network has laid off another 200 or so staff, or about ten percent of its remaining workforce.

That was according to a report by the New York Times late on Sunday (February 26).

The layoffs reportedly hit product managers, data scientists and engineers who worked on machine learning and other features.

Earlier in the weekend, The Information said Twitter had laid off dozens of staff on Saturday (February 25) in a bid to offset a plunge in revenue.

Twitter did not immediately respond to a Reuters request for comment.

If confirmed it would mark just the latest cull since the company was taken over by Elon Musk.

Back in November it laid off about 3,700 workers.

At the time Musk said Twitter was facing a “massive drop in revenue” as advertisers pulled spending amid concerns about content moderation.

The network has recently started sharing revenue from advertisements with some of its content creators.

It was acquired by Musk in October in a deal valued at $44 billion.