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Twitter freezes hiring, rescinds some offers as top execs depart

Twitter is pausing most hiring and backfills, except for business critical roles, a spokesperson on Thursday confirmed to Axios. It's also pulling back on non-labor costs "to ensure we are being responsible and efficient."

Why it matters: The decisions were made by Twitter CEO Parag Agrawal, a source told Axios. They come as Twitter faces a complicated takeover bid from billionaire Elon Musk.


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