In the run-up to Musk’s takeover of Twitter, reports circulated that he was planning to cut 75% of its workforce, or around 5,000 people. The company said.
In brief: Elon Musk is reportedly set to slash Twitter’s workforce by 50%, the equivalent of around 3,700 jobs, as he looks to reduce the company’s operating costs. Additionally, the new owner will tell employees that they must return to the office, something he has also done at Tesla and SpaceX.
In the run-up to Musk’s takeover of Twitter, reports circulated that he was planning to cut 75% of its workforce, or around 5,000 people. The company said there were no cuts planned, and it seems that the 75% figure was wrong, but Musk is now reportedly halving the number of Twitter employees.
The report comes from Bloomberg, which cites people familiar with the matter.
