Friday, February 3, 2023
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Elon Musk may lower half of Twitter’s workforce

Twitter workers have been bracing for layoffs since Elon Musk formally took over the corporate, and particulars are beginning to trickle out about how many individuals may very well be affected. Wednesday night, The Verge’s Alex Heath stories that Musk is assembly with advisors, together with fellow former PayPal exec David Sacks, and finalizing a plan to put off roughly 3,800 workers, whereas Bloomberg reported that 3,700 can be lower.

In line with Bloomberg, the plan is for workers to learn in regards to the layoffs on Friday, and affected staff may very well be given 60 days of severance pay. Musk can also be planning to finish Twitter’s coverage that allowed workers to work at home “endlessly,” Bloomberg stories. This is able to line up with textual content messages we’ve seen from one other advisor, Jason Calacanis (revealed as a part of Musk’s court docket case when he was nonetheless making an attempt to get out of shopping for Twitter), suggesting reducing distant work to spur voluntary departures, and it matches his stance in opposition to distant work at Tesla.



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