According to reports, Elon Musk intends to slash Twitter's employment in half

According to reports, Elon Musk intends to slash Twitter’s employment in half

Twitter staff have been preparing themselves for massive layoffs since Elon Musk launched his takeover. According to reports, the website’s new owner and “Chief Twit” intends to lay off 3,700 people, reducing the company’s employment by half, in an attempt to slash expenses. Musk and a team of advisors are apparently still discussing the details of the layoffs, but one option they’re exploring is paying 60 days’ severance compensation to those let off. The boss might inform impacted employees as early as Friday.