Reports that Musk will let go of 25% of its workforce, or nearly 2,000 employees, come as tech billionaire overhauls company
Elon Musk has appointed himself CEO of Twitter and dissolved its board of directors, it was revealed in a company filing on Monday, as Twitter employees brace for extensive layoffs under a new restructuring that could target up to a quarter of staff.
The Washington Post reported on Monday that Musk’s team has been discussing letting go of 25% of the company’s workforce in a first round of layoffs.
Reuters contributed to this report