the billionaire Elon Musk has come up with plans to lay off up to half of Twitter’s 7,500 employees. according to people familiar with the matter, as part of a cost-cutting reform, the UK’s Financial Times (FT) reported on Thursday.
As part of these plans, Moss it seeks to cut around 3,700 jobs after buying this social media company for $ 44 billion, according to two people familiar with the project, although the exact number is subject to change.
face to face work
According to the FT, the employer also has the goal require face-to-face office work starting Monday, which would nullify Twitter’s current policy, which allows employees to work from anywhere.
The job loss could happen this Friday, if not sooner, according to information from the FT, adding that Musk has already made his mark on Twitter since closing the acquisition, asking employees to work full-time on select projects. .
fake accounts
One such project is to offer a subscription service that will verify usersit will increase the visibility of their posts and allow them to see fewer ads, while it has also put plans in place to reduce the number of employees, despite previously saying it could cut positions.
At the end of last week, roverhauled the management team and fired executives, including Twitter chief Parag Agrawal, as he brings a small group of trusted advisors, including his personal attorney Alex Spiro.
