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Twitter temporarily closes offices as layoffs begin

Twitter temporarily closes offices as layoffs begin

SHEILA DANG, KATIE PAUL and MARTIN COULTER TWITTER Inc temporarily closed its offices and cut workers' access to internal systems after telling employees they would be informed by email about whether they were being laid off. The move follows a week of chaos and uncertainty about the company's future under new owner Elon Musk. The social media company said in an email to staff it would tell them by 9 a.m. Pacific time on Friday (12 p.m. EDT/1600 GMT) about staff cuts. "In an effort to place Twitter on a healthy path, we will go through the difficult process of…
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Guinea: Chinese company put workers on forced leave

Guinea: Chinese company put workers on forced leave

CHINESE-LED Winning Consortium Simandou (WCS) has put workers on forced leave with the prospect of layoffs if a dispute with Guinea's government over infrastructure for a massive iron project is not resolved, three sources told Reuters. WCS did not immediately reply to a request for comment. Guinea's mines minister on July 3 ordered all work on the Simandou project - the world's largest undeveloped iron ore deposit - to stop after WCS and Rio Tinto missed an extended deadline to agree on a joint venture with the government. That joint venture is intended to cover the rail and port infrastructure…
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