HomeNationalElon Musk to start layoffs on Twitter: NYTOUS News

Elon Musk to start layoffs on Twitter: NYTOUS News

A week after billionaire entrepreneur Elon Musk acquired Twitter, the social media company’s employee layoffs are set to begin on Friday and around half of Twitter’s 7,500 employees appear set to lose their jobs, a report says medias.

The New York Times, citing a company-wide email, reported that Musk “would begin laying off Twitter employees on Friday,” exactly one week after he completed the $44 billion acquisition of the company. social media company and ousted CEO Parag Agrawal, legal executive Vijaya Gadde, chief financial officer Ned Segal and general counsel Sean Edgett.

The NYT report added that “Twitter employees were told in the email that layoffs were to begin” and “workers were ordered to go home and not return to the office on Friday as and as jobs are cut”.