It’s unclear what number of staff will probably be affected by the purported job cuts, however sources instructed the NYT that some departments will probably be affected greater than others. Earlier experiences point out Musk needs to chop down on Twitter’s workforce by 75 p.c. Twitter at present has about 7,500 staff.

As famous by the NYT, the layoffs might happen earlier than November 1st, the day when staff are speculated to obtain their inventory grants, which “sometimes signify a good portion” of their pay. Musk might not must pay these grants if he lays off staff earlier than this date. Sources accustomed to the scenario instructed the outlet that some managers have been requested to give you lists of staff to let go.