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Elon Musk Reportedly Plans To Lay Off Half Of Twitter's Staff

solatoz@gmail.com 2022.11.02 20:42 Views : 101

Elon Musk Reportedly Plans To Lay Off Half Of Twitter's Staff

Twitter CEO Elon Musk has plans to eliminate 3,700 jobs, or 50% of the workforce, at the social media platform in a measure aimed at cutting costs.

What Happened: The Tesla Inc (NASDAQ: TSLA) CEO, also Twitter’s new owner, will inform staff of the coming redundancies on Friday, Bloomberg reported, citing people familiar with the matter.

Also on the chopping block is Twitter’s work-from-anywhere policy and the remaining employees will be asked to report to offices with some exceptions, as per the report.

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