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Friday, February 3, 2023

Twitter laid off 83% of its employees in Spain

Social network Twitter plans to lay off 82.7% of its staff in Spain, which has so far been made up of 29 people, as confirmed by five days industry sources. In this way, 24 people who have decided to accept the terms that the company has proposed to terminate their contracts will leave the company.

same sources told The dismissed will be compensated with 33 days of work per year, although he did not specify whether an annuity cap would be established. Company sources had already announced their intention to reduce workforce globally, assuring that they would respect the different labor laws of each country.

Twitter employees in Spain expressed fears last November that they would all be laid off and the work they had done so far be sent to Ireland. don’t know the same source What will happen to the five laborers who are currentlyhas decided not to subscribe to the termination program proposed by Blue Bird Company.

One of the first decisions adopted by Elon Musk after taking over the social network is to apply a drastic adjustment to the template, as he announced through his profile that the technical I was losing four million dollars a day And, although it did not specify the total number of layoffs, the US press at the time estimated them at more than 3,700, representing more than half of its global workforce. The tycoon then appealed to workers to be “attentive to their screens”.

In addition, sources from the two main unions, UGT and CC OO, as well as the Ministry of Labor Tech giant warned it must comply with Spanish law and submit an Employment Regulation File (ERE) if the dismissal affected more than 10% of the workforce in Spain, as has ultimately happened. If the rules are not respected, the deletion will be void and the company must reinstate all employees.

As per the latest accounts submitted by the company to the Mercantile Registry, as on 2021, The average number of people employed by a technology company in Spain was 27.six more than in 2020, and its personnel expenses of 3.8 million euros, 800,000 euros more than in 2020.

Of those 3.8 million, 3.26 million were wages and salaries, and the remainder, around 600,000 euros, from social charges; 389,000 euros from social security and 210,000 euros corresponding to other social expenses. Based on these data, Labor cost per employee in Twitter Spain was 143,000 euros in 2021 (approximately 120,000 Euro of gross salary). Of the total number of employees, 14 were men and the rest were women; and 15 were managers.

World Nation News Desk
World Nation News Deskhttps://worldnationnews.com/
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