Elon Musk starts layoffs! Half of the workforce might go

Elon Musk has finally bought Twitter. After the purchase the rumors about the layoffs started to show up. It looks like the rumors were true.

Elon Musk starts layoffs! Half of the workforce might go
Twitter might start layoffs

Twitter has been going under some changes after Elon Musk's takeover. After the takeover Twitter employees have been anticipating massive layoffs. According to recent reports from Bloomberg "Chief Twit" the new owner of the website, intends to eliminate 3,700 employees from the workforce.

Elon Musk starts layoffs! Half of the workforce might go

elon musk starts layoffs

Layoff rumors have started since Elon Musk took over Twitter. Now judging by the new reports it looks like this will happen. According to reports, Musk and a team of advisers are still working out the details of the layoffs. The executive may inform affected employees as soon as Friday. The individuals who land to keep their positions might need to become accustomed to working from the workplace once more.

According to reports from Bloomberg, Musk also intends to end Twitter's work-from-anywhere policy and require employees, with a few exceptions, to report to offices. The publication previously stated that Twitter employees were concerned about the potential alterations Musk might make to this particular policy prior to his arrival.

It is well known that the executive does not like work-from-home arrangements. There were rumors that Musk was going to fire 75% of the company's employees prior to his takeover of the social network. Musk is not only directing mass layoffs to save money, but he is also making huge changes to make money, like raising the cost of Twitter Blue from $3 to $8 per month.

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