Musk slashes jobs After Twitter takeover
- Just days after buying Twitter for $44 billion, Elon Musk planned to start firing staff. According to a source, Tesla CEO and world’s richest person Musk has ordered Twitter staff cutbacks with layoffs starting shortly.
- “Chief Twit” intended to lay off staff Saturday. People with information stated some teams will be hurt more than others. Some supervisors have also been instructed to generate lists of fired employees.
- Ross Gerber, CEO of Gerber Kawasaki Wealth and Investment Management, estimates 50% of employees may lose their jobs.