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.
Source: https://www.wsj.com/articles/twitter-warns-staff-of-potential-cuts-to-bonuses-11660958956?siteid=yhoof2&yptr=yahoo