Twitter warns employees that their bonuses could be halved this year
CNN
Twitter is warning employees that their bonuses might be half of what was originally expected at the start of the year, in the latest sign of belt tightening at the company amid uncertainty with its pending acquisition and a souring economy.
Twitter (TWTR) confirmed to CNN Business that its bonus pool is currently tracking at 50% of its prior target, based on the company's financial performance. Twitter cited significant challenges to its business since the approval of the bonus plan in January, including fallout from the economic downturn and its uncertain deal to be acquired by billionaire Elon Musk.
The New York Times was first to report the news, citing an email to staffers from Twitter CFO Ned Segal. Twitter confirmed to CNN Business that Segal sent the email.
Speaking to CNN ahead of Tuesday’s announcement, the founder of one of China’s first private architecture firms reflects on a career designing unpretentious buildings in an era of excess.
The US Centers for Disease Control and Prevention is on the ground in Texas to respond to the growing measles outbreak. The agency posted on X that it’s partnering with the Texas Department of State Health Services.
The measles outbreak is surging in West Texas, especially in under-vaccinated communities, but it’s not just coverage with the measles vaccine that is lagging behind. The use of other key vaccines in the childhood immunization schedule has decreased too.
Selena Gomez was among the celebrities to wear intricate, hand-embroidered gowns featuring thousands of shimmering embellishments to the 2025 Oscars.
As a measles outbreak in Texas has grown to nearly 150 cases, US Health and Human Services Sec. Robert F. Kennedy Jr. said in an opinion piece on Fox News on Sunday that parents should consult with health-care providers “to understand their options to get the MMR vaccine” for their children.
Selena Gomez was among the celebrities to wear intricate, hand-embroidered gowns featuring thousands of shimmering embellishments to the 2025 Oscars.
Another new discovery in the ruins of Pompeii has shed light on the wilder side of the ancient Romans.
Many beauty enthusiasts have recently turned to ingredients you’d usually find in the food aisle, such as bananas, flaxseed and even beef tallow, as a way to hydrate the skin and reduce acne.
One hundred forty-six measles cases have been reported in the outbreak in West Texas, the Texas Department of Health Services said in an update today. This is 22 more confirmed cases since an update on Tuesday, when 124 cases were reported.