Elon Musk Begins Mass Layoffs at Twitter After Purchase
November 4, 2022 | California
Billionaire Elon Musk is preparing to cut Twitter’s 7,500-strong workforce down in a total overhaul of the company after his purchase was finalized in late October.
The Tesla, SpaceX, The Boring Company and now Twitter CEO revealed the plans in a recent email sent to company workers, which overviewed how they can check the status of their employment, The Washington Post reported.
“Team, In an effort to place Twitter on a healthy path, we will go through the difficult process of reducing our global workforce on Friday,” Musk stated. “We recognize that this will impact a number of individuals who have made valuable contributions to Twitter, but this action is unfortunately necessary to ensure the company’s success moving forward…. (Excerpt from Newsmax)