Musk orders layoffs at Twitter

Entrepreneur Elon Musk has ordered the start of layoffs at his Twitter company, the New York Times reported, citing sources. According to them, some departments should be cut more than others.

Some managers in the company have already been asked for lists of employees for dismissal, according to interlocutors of the agency.

The number of employees to be laid off has not been specified, BGNES reported.

About 7,500 people work at Twitter.

The employees, the newspaper said, must be fired before Nov. 1, the date when workers receive grants in the form of company shares that make up a significant portion of their salaries. By making cuts before that date, Musk can avoid paying grants.

On October 27, the entrepreneur closed the deal to buy Twitter, which owns the social network of the same name. Among the innovations expected with its arrival is the removal of the practice of permanently blocking users. Musk announced that he is creating a special council that will look into the issue of Twitter moderation. For now, he promised not to make any serious decisions in this area.

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