Twitter facing lawsuit over staff layoffs, Dogecoin sinks 9%

1 year ago

Twitter is facing a class-action suit implicit its plans to chopped 50% of its workforce pursuing Elon Musk’s takeover of the societal media platform, Bloomberg News reported connected Nov. 4.

Since taking charge, Musk has authorized galore changes crossed the committee successful an effort to revitalize Twitter’s estimation arsenic the internet’s “town square.”

However, a imaginable 3,700 simplification successful headcount has resulted successful a class-action suit filed successful a San Francisco national court.

The ailment centers astir the deficiency of notice, which contravenes national and California authorities law.

Dogecoin sinks

As rumors began circulating of Musk completing the Twitter deal, Dogecoin changeable up successful worth — increasing 170% to highest astatine $0.15982 connected Nov 1.

Since then, crypto integration plans person been enactment connected the back burner, and laid-off workers person pushed back, driving DOGE lower.

Off the backmost of 2 consecutive regular reddish closes, the starring meme coin sunk arsenic debased arsenic $0.11519 connected Nov. 4, down 9% implicit the past 24 hours.

The station Twitter facing suit implicit unit layoffs, Dogecoin sinks 9% appeared archetypal connected CryptoSlate.

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