Only a few months after it was revealed that Ye would be buying the platform, Parler could be in peril. Ye’s contract understandably fell through when the rapper made several offensive anti-Semitic remarks in public. CEO George Farmer, who is also the spouse of right commentator Candace Owens, runs Parler.
According to recent sources, Parler’s time may be limited because the social media site has made some significant layoffs. According to an article published on Wednesday by The Verge, Parlement Technologies, the parent company of Parler, has fired the majority of its executives and employees in the past few weeks.
According to reports, the layoffs began in November, at the time Ye’s possible agreement was going through its fast setup and demise.
Source: The Verge “According to numerous sources with knowledge of the situation, Parlement Technologies started terminating employees in late November. By least 20 people were still employed by Parler and the parent company’s cloud services venture at the end of December, after these layoffs had at least reduced the workforce by about 75 percent. According to a person with knowledge of the situation, the majority of the company’s leaders, including its chief technology, operations, and marketing officers, have also been let go.”
According to one prospective Parler purchaser, the platform has only 50,000 daily users as of October 2022. The site functions as an alternative to popular social media apps, primarily targeting conservative audiences with its advertising. However, with strong competitors vying for the attention of social media users tired of Twitter, the app now faces a more competitive market. Among them are Donald Trump’s very own Truth Social and the video platform Rumble.
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