Layoffs at Twitter to take place before November 1; reports

As per the reports, by taking the Charge of Twitter, Elon Musk has made a few big decisions. He has already fired some of the top executives of Twitter and he is now preparing to lay off several Twitter employees. The layoff will take place before November 1.

Musk, who closed a Twitter deal at $44 billion, has already asked managers to prepare lists of team members who are not required and can be fired as soon as possible. As of now, there is no information on how many workers will be sacked. Just a few weeks back, it was reported that Musk would eliminate 75 per cent of the Twitter workforce once he takes charge of the social media platform.

But, he later refuted this rumour and clarified he has no such plans and that job cuts would not be that deep. Twitter currently has around 7,500 employees. Which, the cited source claims that the platform could reduce the headcounts by around 50 per cent, which is still pretty high. Musk has already sacked Twitter Chief Executive Parag Agrawal, Chief Financial Officer Ned Segal and legal affairs and policy chief Vijaya Gadde, according to reports.

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