A week after billionaire entrepreneur Elon Musk acquired Twitter, employee layoffs at the social media company are expected to get underway and about half of Twitter’s 7,500 workers appeared set to lose their jobs, according to a media report.
"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.
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.