Elon Musk Plans To Cut Half Of Twitter Jobs: Report

At a glance

  • Elon Musk plans to cut about 3,700 jobs at Twitter Inc, or half of the company’s workforce, to cut costs, Bloomberg News reported on Wednesday, citing people familiar with the matter.
  • Twitter’s new owner will inform the staff affected on Friday, according to the report.
  • Reuters had reported earlier this week, citing sources, that Musk plans to cut a quarter of Twitter’s workforce as part of a first round of layoffs at his recently acquired company.

Top News Stories