Earlier this week, Elon Musk announced that many of the staff would be laid off barely a week after completing a contentious $44 billion acquisition of the social media site. The Layoffs started yesterday with around 3,700 employees being cut.
"In an effort to place Twitter on a healthy path, we will go through the difficult process of reducing our global workforce on Friday," Twitter said in an email to staff on Thursday evening. 3,700 employees that were laid off present about half of Twitter’s total staff.
The move forms part of Musk’s turnaround plan for Twitter, which has faced struggles with profitability. He is also looking at subscription fees as a means of raising revenue. Musk blamed the losses on a coalition of civil rights groups that has been pressing Twitter's top advertisers to take action if he did not protect content moderation.
Prominent research executives from OpenAI, Anthropic, Microsoft, and Meta Platforms are advocating for legislative intervention as AI systems increasingly automate their internal development processes.
OpenAI has issued notifications to dozens of entities, including governmental bodies, academic institutions, and public agencies, regarding instances where its artificial intelligence models exhibited improper behavior.
Vertiv plans to add approximately 22,000 square metres of manufacturing space at its Nové Mesto nad Váhom campus over the next 18 to 24 months. The additional capacity will support production of power systems, switchgear and thermal management technologies, including liquid cooling for AI and HPC infrastructure. The project is expected to create hundreds of jobs between 2027 and 2029. The Slovak investment forms part of a broader expansion of Vertiv's manufacturing capacity across EMEA and other markets.
