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Musk starts laying off Twitter staff

USA (bbabo.net), - Entrepreneur Elon Musk ordered to begin on Saturday the reduction of employees of the company he acquired Twitter. This was reported by The New York Times, citing sources.

According to them, some departments should be cut more than others. Some managers of the company have already been asked for lists of employees for dismissal, the agency's interlocutors indicate.

The number of employees subject to reduction is not specified. About 7.5 thousand people work on Twitter.

Employees, the newspaper writes, must be fired before November 1 - the date when workers receive grants in the form of company shares, which make up a significant part of their wages. By making cuts before that date, Musk could avoid paying grants.

On October 27, the entrepreneur closed the deal to buy Twitter, which owns the social network of the same name. Among the innovations expected with its arrival is the abolition of the practice of permanently blocking users. Musk announced that he is creating a special council that will look into the issue of Twitter moderation. So far, he promised not to make serious decisions in this area.

Musk starts laying off Twitter staff