SNAP

Elon Musk is at it again. On Thursday, Bloomberg reported that the billionaire plans to slash around 3,700 jobs at Twitter, that is, around 50% of the social media company’s workforce. According to the report, Musk could be doing this to drive down costs following his $44 billion acquisition of the social media company. Musk intends to inform staffers of these lay-offs on Friday. Musk also intends to ask employees to return back to the office reversing its earlier policy of working remotely. The billionaire's takeover of Twitter has begun with a series of layoffs including from the senior management.
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