Elon Musk ordered company-wide layoffs at Twitter on Saturday, in line with a report from The New York Occasions. It’s unclear what number of staff will probably be affected by the purported job cuts, however sources inform the NYT that some departments will probably be affected greater than others.
The layoffs may happen earlier than November 1st — the identical day when workers are imagined to obtain their inventory grants, which “usually signify a good portion” of their pay. In keeping with the NYT, Musk might not should pay these grants if he lays off workers earlier than this date. Twitter didn’t instantly reply to The Verge’s request for remark.