Twitter will alert its employees via email by 9 AM PST on Friday about whether they have been fired or not, said an internal memo copy obtained by Insider. The email also said that Twitter offices will be closed as well as all badge access will be suspended in order to ensure the “safety” of the employees as well as “Twitter systems and customer data.”
“In an effort to place Twitter on a healthy path, we will go through the difficult process of reducing our global workforce on Friday,” said the email. It added, “We recognize 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.”
The note reportedly also said that they want to inform the “impacted individuals as quickly as possible” therefore the news will be communicated via email. It added, “If your employment is not impacted, you will receive a notification via your Twitter email.” On the other hand, if it has "impacted" their employment they would be notified regarding their next steps via their personal email.
Furthermore, the employees were also reminded, “Twitter policies that prohibit you from discussing confidential company information on social media, with the press or elsewhere.” This comes a day after over 7,000 employees from Twitter’s headquarters in San Francisco to Singapore were fearing job cuts, while this email partially confirms speculations that Tesla CEO Elon Musk may lay off at least 50% of the workforce over the week.
On October 27 Musk took over the microblogging app after a $44 billion deal and subsequently fired several top Twitter executives almost immediately, including CEO, Parag Agrawal, CFO, Ned Segal, as well as Legal Affairs and Policy chief, Vijaya Gadde.
Meanwhile, reports suggest that Elon Musk in a bid to make the platform profitable has asked different departments at Twitter to free up at least one billion dollars in annual infrastructure including reduced funding for cloud services and servers as well as plans to charge $8 per month for the “verified” badges.
Earlier, the "Chief Twit" had denied reports that he would be laying off people at Twitter after the New York Times (NYT) reported, citing sources, that Musk has ordered managers to make a list of employees that would be told to exit the company. The newspaper, however, claimed that the retrenching would take place before November 1, when employees are due to receive their stock grants, which constitute part of their pay.
But a day after a journalist posted on Twitter on October 30 with an excerpt from the NYT article about the layoffs, Musk issued a scathing denial. "This is false," the 51-year-old billionaire said, without providing additional details.
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