Friday, 24 March, 2023

Employees at Twitter may only get half of their annual bonus, company warns

<p>Twitter has advised its staff that they may only earn 50% of their usual yearly bonuses because of the current economic turmoil. The platform attributed the incentive decrease to the company&#39;s poor financial performance. Twitter&#39;s revenue decreased last month for the first time since 2020 as a result of the intense competition it faced from TikTok and Apple. Revenue for the company&#39;s second quarter was $1.18B, down from $1.19B in the same period last year.</p>