After firing much of Twitter's senior management team, Musk now plans to cut up to 30% of staff in certain departments.
much of Twitter's senior management team, Elon Musk now plans to cut up to 30% of staff in certain departments, beginning this weekend, sources told Axios.: Musk's breakneck pace shows his determination to reshape Twitter's organization but could also result in chaos inside the company.Cuts are expected to be made ahead of November 1, when most employees' quarterly grants of stock options are scheduled to vest.
Director-level staff and above are being asked to make lists of which employees to let go or who should be saved in their departments, one source said. "I think folks are bracing for a black Monday, but the question is where will the majority of the cuts be," one source said. Employees ties to revenue could be spared. While Musk plans to add more subscription revenue to Twitter's top line, he does recognize the value of commercial partners, which is why he made anThe mood inside Twitter"Most people seem to think they lack empathy," one Twitter employee said of the cuts.
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