The report also said that Mr Musk intends to replace Twitter’s existing work-from-anywhere policy and that it will require employees to work from office.
The report also said that Mr Musk intends to replace Twitter’s existing work-from-anywhere policy and that it will require employees to work from office.
Elon Musk Twitter Inc. or the company plans to cut about 3,700 jobs in half its workforce to cut costs, bloomberg news reported on November 2, citing people familiar with the matter.
According to the report, the new owner of Twitter will inform the affected employees on November 4.
bloomberg It also pointed out that Mr Musk intends to reverse the social media company’s existing work-from-anywhere policy and that employees will be required to work from the office, although some exceptions can be made.
Mr Musk denied in a tweet new York Times The report said it was planning to lay off Twitter employees before November 1 to avoid stock grants that day.
Twitter did not immediately respond Reuters Comment request.
Reuters It was reported earlier this week, citing sources that Mr Musk plans to cut Twitter’s workforce by a quarter As part of the first round of layoffs at his recently acquired company.