according toNew York Timesinformation obtained from whistleblowers,just took over Twitter Elon Musk may have ordered the layoffs. No details were given as to the exact extent of the source, but it was initially rumored that Musk was planning to use Twitter’s 7,500 employees.75% cutbut Musk later claimed after communicating with employees that the figures did notnot so exaggerated. Official layoffs are likely to be announced before November 1, because choosing this time can save Musk a lot of stock compensation for departing employees.
Previously, Musk had fired several executives: former CEO Parag Agrawal and former CFO Ned Segal were fired soon after Musk took over.