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Briefing
economy

Twitter Tells Employees Bonuses Could Be Halved

By
Wayne Ma
· · Source: The New York Times

Twitter told employees on Friday that they might receive only half their usual annual bonuses, the New York Times reported. The warning comes amid concerns over a looming recession, which has caused Silicon Valley tech companies to slow hiring and begin layoffs. Twitter said in an email to employees that its bonus pool was at half of what it would be if the company had met its financial...

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