Elon Musk has set plans in motion for broad layoffs at Twitter, according to people familiar with the matter, as the billionaire entrepreneur began to shake up the social media company just days after closing the $44bn buyout of the platform.
Elon Musk has launched plans for massive layoffs at Twitter, according to people familiar with the matter. The billionaire entrepreneur began restructuring the social media company just days after completing a $44 billion acquisition of the company.
Musk has asked managers and advisers to name who should stay and who should be sacked, according to two people familiar with the matter. Musk is not seeking a fixed percentage of layoffs from Twitter’s 7,500-strong workforce, the people said. Rather he wants to fire those who do not support him as leader, according to one of the people.
Musk has asked managers and advisers to say who should stay and who should be fired, according to two people familiar with the matter. Musk is not seeking a fixed percentage of Twitter’s more than 7,500 employees, people familiar with the matter said. Instead, he wants to fire people who don’t support his leadership, according to one of the people.