Musk to layoff half of Twitter employees
New Twitter CEO Elon Musk is reportedly set to cut up to 50% of the work force at Twitter after taking over the company late this week, and layoffs are expected to begin as soon as this weekend.
The New York Times reported that Musk “ordered the cuts across the company, with some teams to be trimmed more than others,” adding that “some managers [were] being asked to draw up lists of employees to cut.”
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The layoffs are reportedly set to happen before employees were scheduled to get stock grants as part of their compensation, the report added.
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It is not uncommon for people to be fired after an acquisition. Twitter must have had a lot of people responsible for its censorious policies.
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