OUR Elon Musk plans to cut approx. 3,700 jobs at Twitter Inc. or half of the company’s workforce in an effort to cut costs, it said Wednesday. Bloomberg Newsreferring to people who understand this issue.
According to the same information, the new owner of Twitter will notify the affected staff on Friday.
Bloomberg also reported that Musk plans to change the company’s existing policies that allow it to distant work and will require employees to work from the office, although some exceptions may be made.
Musk in his tweet denied the information about The newspaper “New York Times which said it plans to lay off Twitter employees by November 1.
Twitter did not respond to a Reuters request for comment.
Earlier this week, Reuters reported, citing sources, that Musk plans to cut a quarter of Twitter’s employees as part of the first round of layoffs.
Reuters, Bloomberg News
Source: Kathimerini
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