Washington DC, 30/10: Elon Musk planned to begin laying off workers at Twitter as soon as Saturday, four people with knowledge of the matter said, with some managers being asked to draw up lists of employees to cut.
Musk, who completed a $44 billion deal to buy Twitter on Thursday, has ordered the cuts across the company, with some teams to be trimmed more than others, said three of the people, who declined to be identified for fear of retaliation. The scale of the layoffs could not be determined. Twitter has about 7,500 employees.
Reports of layoffs at Twitter have swirled since Musk agreed to buy the company in April. The billionaire, who also leads electric carmaker Tesla and rocket company SpaceX, has told investors that he would take Twitter private, reduce its workforce, roll back its content moderation rules and find new revenue streams.