Elon Musk reportedly ordered company-wide layoffs at Twitter
Elon Musk ordered company-wide layoffs at Twitter on Saturday, in keeping with a report from The New York Instances. It’s unclear what number of employees might be affected by the purported job cuts, however sources inform the NYT that some departments might be affected greater than others.
The layoffs may happen earlier than November 1st — the identical day when workers are presupposed to obtain their inventory grants, which “sometimes symbolize a good portion” of their pay. In response to the NYT, Musk could not must pay these grants if he lays off workers earlier than this date. Twitter didn’t instantly reply to The Verge’s request for remark.