Elon Musk, the new owner and CEO of Twitter, is putting his stamp on the influential social network.
Immediately after the takeover of Twitter on October 27, the billionaire wasted no time in to bring changes to the platform. From laying off executives to coming up with a new content moderation board, a lot has happened with the SpaceX and Tesla boss in charge.
3,700 jobs to be cut
According
BloombergElon Musk plans to remove approximately 3,700 jobsat Twitter, which is half of the social media company’s workforce. Affected employees will be notified of their fate by Friday, sources told the outlet.
The new boss also plans to reverse the company’s current policy on remote working, requiring the remaining employees to show up at the officethe unidentified sources said.
According to one of the scenarios considered to reduce the workforce of Twitter, the laid-off workers will be offered 60 days of severance pay. Twitter users have been expecting layoffs since Elon Musk announced his takeover bid for Twitter in April. A report said the billionaire planned to cut 75% of jobs at the company.
Feature photo: Souvik Banerjee/Unsplash
CNET.com article adapted by CNET France