Elon Musk is beginning lay-offs at Twitter’s 7,500-strong workforce, according to a company-wide email, in a dramatic cost-cutting cull that comes a week after the billionaire closed his $44bn buyout of the social media company.
Twitter employees will be notified of their employment status by 9am Pacific time on Friday, according to an email seen by the Financial Times.
“In an effort to place Twitter on a healthy path, we will go through the difficult process of reducing our global workforce on Friday,” said the email, which was received by staffers on Thursday.
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