Elon Musk to sack half of Twitter staff and end working from home in a bid to reduce costs

World’s richest man, Elon Musk is on the verge of sacking half of Twitter’s global workforce as he makes changes to the administration of the platform.

This comes after the tech mogul acquired the company in late October.

In an email sent to Twitter employees on Thursday evening, it was announced that layoffs would begin immediately, and fired workers should not return to work on Friday, New York Times reports.

The mail read in part, “In an effort to place Twitter on a healthy path, we will go through the difficult process of reducing our global work force.

“We recognise that this will impact a number of individuals who have made valuable contributions to Twitter, but this action is unfortunately necessary to ensure the company’s success moving forward.”

Quoting anonymous sources, Bloomberg also reported on Thursday that coupled with firing half of its staff members, Musk was also planning to reverse the company’s existing work-from-anywhere policy.

Musk had earlier fired major executives in the company, including former CEO, Parag Agrawal; the Chief Financial Officer, Ned Segal; Chief legal officer, Vijaya Gadde; and general counsel, Sean Edgett.

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