⚡Breaking! Musk to fire 3700 staff on Friday

An Elon Musk, Tesla & SpaceX breaking news update
Story: https://newslines.org/elon-musk/musk-to-cut-3700-twitter-jobs-50-of-workforce/

Bloomberg reports Musk will cut 3700 Twitter jobs on Friday November 4. The company's staff will be cut by 50%. In June, Musk said he didn't see a reason why low perfomers should remain employed.

Product teams have been told to reduce headcount by 50%, with layoof based on each emplyee's contributions to coding. Musk has also todl stadd that cannot work at home and must work from office from now on. Musk plans to double Twitter revenue in three years by reducing costs and tripling the number of users that can view ads

#elonmusk #twitter #technology #technews

Help build the world's best news timelines about Elon Musk, Tesla and SpaceX
https://newslines.org/elon-musk/
https://newslines.org/tesla-motors/
https://newslines.org/spacex/