Elon Musk announces Twitter mass layoffs to begin Friday
Elon Musk will begin mass layoffs at Twitter on Friday, sharply reducing the social media platform’s workforce, the company said in an email to staff on Thursday.
“In an effort to place Twitter on a healthy path, we will go through the difficult process of reducing our global workforce on Friday,” said the email. The New York Times and Washington Post both reported on the layoffs and cited the internal email.
All employees will receive an email on Friday, the notice said. Those who will keep their jobs will get an email to their work account, those being laid off will receive a notification to their personal email.
The layoffs come as Musk was speculated to cut as much as 50% of Twitter’s workforce, just days after becoming the head of the company he purchased for $44bn. That could mean thousands of jobs lost, as the company had more than 7,000 employees at the end of 2021 according to a regulatory filing.
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Elon Musk will begin mass layoffs at Twitter on Friday, sharply reducing the social media platform’s workforce, the company said in an email to staff on Thursday.
“In an effort to place Twitter on a healthy path, we will go through the difficult process of reducing our global workforce on Friday,” said the email. The New York Times and Washington Post both reported on the layoffs and cited the internal email.
All employees will receive an email on Friday, the notice said. Those who will keep their jobs will get an email to their work account, those being laid off will receive a notification to their personal email.
The layoffs come as Musk was speculated to cut as much as 50% of Twitter’s workforce, just days after becoming the head of the company he purchased for $44bn. That could mean thousands of jobs lost, as the company had more than 7,000 employees at the end of 2021 according to a regulatory filing.
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