Elon Musk reportedly ordered company-wide layoffs at Twitter


Elon Musk on a blue background
Laura Normand / The Verge

Elon Musk reportedly ordered company-wide layoffs at Twitter on Saturday, based on a report from The New York Occasions.

It’s unclear what number of employees can be affected by the purported job cuts, however sources instructed the NYT that some departments can be affected greater than others. Earlier studies point out Musk desires to chop down on Twitter’s workforce by 75 %. Twitter at present has about 7,500 workers.

As famous by the NYT, the layoffs might happen earlier than November 1st, the day when workers are speculated to obtain their inventory grants, which “usually symbolize a good portion” of their pay. Musk could not need to pay these grants if he lays off workers earlier than this date. Sources acquainted with the scenario instructed the outlet that…

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