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Twitter (TWTR) layoffs have begun, with employees unable to sell vested stock

Employees who've been with the company for over a decade are among those facing layoffs.

Morgan Shaver

July 7, 2022 2:13 PM

Image: Pixabay

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In a post to LinkedIn from Ingrid Johnson, now former Senior Technical Recruiter at Twitter, it was revealed that Twitter has begun laying off employees. As noted by Johnson, some of the people being laid off have been with Twitter for over a decade, with Twitter having previously assured employees that layoffs wouldn’t happen.

Not only is Twitter laying off employees, there’s also a blackout on selling vested stock, a situation that began on May 31 according to Johnson’s post.

As Johnson points out, the situation is pretty messed up given these employees still need to be able to pay their bills and keep themselves afloat. Being able to sell vested stock would certainly help, but sadly it sounds like Twitter’s priorities are elsewhere.

Johnson concludes by wishing everyone at Twitter well, and notes that they accepted a new position last week. Comments on Johnson’s post include a number of recruiters remarking that their companies are hiring, so Twitter employees currently facing layoffs may find some good resources in sifting through these comments. Johnson also pointed out that people can reach out if they feel she can refer them to someone in her network.

All in all, the situation sounds like a messy one both layoff wise, and stock wise. It’ll be interesting to see how things develop moving forward, and we hope that those facing layoffs are able to swiftly find new places of employment. Looking for more Twitter news? We also recently covered the reveal of Twitter Notes which let you blog on the platform.

Morgan Shaver

Senior Editor

Morgan is a writer from the frozen wastelands of Maine who enjoys metal music, kpop, horror, and indie games. They're also a Tetris fanatic who's fiercely competitive in games like Tetris 99... and all games in general. But mostly Tetris. You can follow Morgan on Twitter @Author_MShaver.