Twitter says the cuts are “an effort to place Twitter on a healthy path” following the firm’s takeover by billionaire Elon Musk.
According to an internal email, twitter says it’s going through a difficult process of reducing its global workforce.
“We will go through the difficult process of reducing our global workforce on Friday,” Twitter said in the email.
The firm added that its offices would be temporarily closed and badge access would be suspended.
“to help ensure the safety of each employee as well as Twitter systems and customer data”.
This move was expected with revelations Musk is concerned he had overpaid for the company.
Elon Musk continues to make his mark on the tech giant, but has a huge task ahead of him
Tech expert Dan Ives joined TICKER earlier and says handing over billions of dollars was the easy part for Musk.
