Get All Access for $5/mo

Major Layoffs At Twitter After Musk's Takeover Elon Musk's radical decisions seem to be a new series that the tech tycoon has commenced. Recently an internal email was sent to employees at Twitter saying that in "an effort to place Twitter on a healthy path" they will be informing them about layoffs on account of Musk taking over.

By Kavya Pillai

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Photo by Claudio Schwarz on Unsplash

Elon Musk's radical decisions seem to be a new series that the tech tycoon has commenced. Recently an internal email was sent to employees at Twitter saying that in "an effort to place Twitter on a healthy path" they will be informing them about layoffs on account of Musk taking over.

They further informed the office will be closed and badge access would be suspended. In the mail, Twitter said, "We will go through the difficult process of reducing our global workforce on Friday". Further adding "We recognise 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".

To, "Help ensure the safety of each employee as well as Twitter systems and customer data" Twitter will limit office access. By 09:00 Pacific time (16:00 GMT) on Friday, the employees will receive an email with the subject, "Your Role at Twitter".

Employees who are not affected would be contacted via their work email and for those who are, Twitter will share the 'next steps' on their personal mail ID. They said, "Given the nature of our distributed workforce and our desire to inform impacted individuals as quickly as possible, communications for this process will take place via email". According to reports, Musk is looking to cut down half of Twitter's workforce and three thousand plus jobs.

Kavya Pillai

Former Correspondent

News and Trends

"45% of All Ongoing Hydropower Projects in India are Ours": Patel Engineering

Patel Engineering reported a turnover of INR 4,400 crore in the last fiscal year, with a projected 10 per cent growth for the current year.

Side Hustle

'Hustling Every Day': These Friends Started a Side Hustle With $2,500 Each — It 'Snowballed' to Over $500,000 and Became a Multimillion-Dollar Brand

Paris Emily Nicholson and Saskia Teje Jenkins had a 2020 brainstorm session that led to a lucrative business.

Living

70% of Small Business Owners Experience Monthly Burnout. Follow These 3 Rules to Avoid the Same Fate.

Here are three guidelines to help entrepreneurs achieve balance, growth and success in both their professional and personal endeavors.

Franchise

Kick-Start Your Small Business With These Cost Effective Strategies

Starting a small business is an exciting adventure, brimming with both opportunities and challenges. A key to success is effectively managing costs from the outset.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.