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About 3,700 to lose their jobs as Musk plans to lay off Twitter staff

Abasifreke Dan by Abasifreke Dan
November 3, 2022
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About 3,700 to lose their jobs as Musk plans to lay off Twitter staff
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TWITTER owner and world richest man, Elon Musk has disclosed his plans to scrape out about 3,700 jobs on Twitter Inc, in a bid to cut costs.

This plan will cut off half of the company’s workforce and the business magnate said he aims at changing the
social media company’s policy of work-from-anywhere and implementing a system where all the staff can work from the office.

However, Musk has also said he will inform the staff who will be affected by this new plan on Friday.

This plan come off with some rumours from people that the business magnate is trying to shield off Twitter staff so as to avoid stock grants. But, Musk in tweet debunked the claims.

Tags: Elon MuskTwitter
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