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The Wall Street Publication > Blog > Tech > Twitter Warns Staff of Potential Cuts to Bonuses
Tech

Twitter Warns Staff of Potential Cuts to Bonuses

Editorial Board Published August 20, 2022
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Twitter Warns Staff of Potential Cuts to Bonuses
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Twitter warned staff that the size of bonus payments this year was at risk because of financial difficulties, adding to belt-tightening measures tech companies are implementing during an economic downturn.

The social-media company Friday told employees it had “experienced significant challenges” to revenue since January. It linked those to a variety of factors, including problems in the global economy and others tied to uncertainty over Elon Musk’s $44 billion acquisition of the social-media platform, which the billionaire is trying to abandon.

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