Daily Tribune

NEWS

Twitter starts layoff

New owner Elon Musk purges Twitter workforce.

Agence France-Presse · Nov 5, 2022, 5:30 AM

SAN FRANCISCO, United States (AFP) — Twitter said it will start laying off employees on Friday, as the new billionaire owner Elon Musk moves quickly after his big takeover to make the messaging platform financially sound.

A company-wide email seen by AFP says Twitter employees will receive word via email at the start of business Friday, California time, as to what their fate is.

"In an effort to place Twitter on a healthy path, we will go through the difficult process of reducing our global work force," the email said.

The email sent Thursday told workers to go home and not report for work on Friday.

"Our offices will be temporarily closed and all badge access will be suspended," the email said. Those on the way to the office should turn around and return home."

Washington Post and New York Times reported that about half of Twitter's 7,500 employees will be let go.

Twitter employees have been bracing for this kind of bad news since Musk completed his mammoth $44 billion acquisition late last week and quickly set about dissolving its board and firing its chief executive and top managers.