Twitter employees brace for layoff notices today
Social media company has temporarily closed its offices and suspended employee access badges
https://www.cbc.ca/news/business/twi...offs-1.6640222
Twitter Inc. temporarily closed its offices on Friday after telling employees they will be informed by email later in the day whether they are being laid off.
The social media company said in an email to staff it would tell them by 12 p.m. ET on Friday about staff cuts.
Musk, the world's richest person, is looking to cut around 3,700 Twitter staff, or about half the workforce, as he seeks to slash costs and impose a demanding new work ethic, according to internal plans reviewed by Reuters this week.
The company said employees who were not affected by the layoffs would be notified via their work email addresses. Staff who had been laid off would be notified with next steps to their personal email addresses, the memo said.