Sunday, October 30, 2022
HomeTechnologyAccording to some reports, Elon Musk ordered Twitter's company-wide layoffs

According to some reports, Elon Musk ordered Twitter’s company-wide layoffs

On Saturday, Elon Musk directed Twitter to lay off its entire workforce. A report from The New York Times. It’s unclear how many workers will be affected by the purported job cuts, but sources tell the NYTCertain departments will be more affected than others.

The layoffs could occur before November 1st — the same day when employees are supposed to receive their stock grants, which “typically represent a significant portion” of their pay. According to the NYTMusk might not be required to pay the grants if he lay off employees prior to this date. Twitter didn’t immediately respond to The Verge’s request for comment.

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