Elon Musk preparing mass sackings at Twitter, asking managers to draw up lists
The billionaire entrepreneur, who completed his $US44 billion acquisition Thursday, has asked managers to draw up lists of team members who could be let go, according to a person with knowledge of the matter. The person asked not to be identified discussing private conversations.Headcount reduction could commence as early as Saturday,reported earlier. A representative of San Francisco-based Twitter didn’t immediately respond to a request for comment Saturday.
Concerns over massive layoffs swirled in the run-up to Musk’s take-private transaction, when potential investors were told that he’d eliminate 75 per cent of the workforce, currently near 7500. Musk later denied that the cuts would be that deep, though he hasn’t elaborated on the job cut plans.reported on Saturday. One of the first to be impacted will likely be legal, trust and safety, the organisation that oversees content moderation, the newspaper said.
In recent weeks, Musk has hinted at his staffing priorities, saying he wants to focus on the core product. “Software engineering, server operations & design will rule the roost,” he tweeted in early October. Some staff were invited to a staff meeting next Wednesday; some weren’t, according to people familiar with the matter. That generated suspicion around which teams will be cut.
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