Elon Musk Set to Swing the Ax at Twitter

FOR THE BIRDS

Published Oct. 29, 2022 5:43PM EDT

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Just days after taking over Twitter, Elon Musk has reportedly ordered job cuts, with layoffs to start immediately, The New York Times reports. It’s not clear how many of the platform’s 7,500 employees will be pink-slipped this weekend, but managers were told to start drawing up lists of those to be let go, the newspaper reported. A possible reason for the rush: Musk could try to wriggle out of paying workers stock grants scheduled for Nov. 1.

Read it at The New York Times

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Elon Musk Set to Swing the Ax at Twitter

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