In an effort to cut costs, Elon Musk is expected to cut 3,700 Twitter employees, half of its workforce, multiple outlets have reported, citing sources at the company.
According to The Verge, Twitter has notified its employees that it will be reducing its global workforce on Friday, November 4th.
Employees will receive an email by 9:00 AM PST, confirming whether or not they have been laid off, according to an internal memo obtained by The Verge.
Remaining employees will be expected to return to in-office work starting Monday, as Musk plans to end Twitter’s remote work policy.
From The Verge:
Employees will receive an email by 9AM PST on November 4th confirming whether they have been laid off or not, according to the internal memo, which also states that employee badge access to Twitter’s offices will be shut off “temporarily.”
“We acknowledge this is an incredibly challenging experience to go through, whether or not you are impacted,” the memo reads. “Thank you for continuing to adhere to Twitter policies that prohibit you from discussing confidential company information on social media, with the press or elsewhere.”
While the memo doesn’t detail how many employees will lose their jobs, Musk is expected to cut roughly half of Twitter’s roughly 7,500-person workforce. His team of outside advisors has spent the last week determining which engineers and technical managers to keep based largely on their recent contributions to Twitter’s codebase, according to employees involved in the discussions.
After employees received the memo confirming layoffs would begin, many began quickly trying to unlink their Twitter accounts from their work email addresses — a company-mandated policy that also requires physical keys for two-factor authentication
Below is the full text of the memo sent to Twitter employees:
Team,
In an effort to place Twitter on a healthy path, we will go through the difficult process of reducing our global workforce on Friday. We recognize that this will impact a number of individuals who have made valuable contributions to Twitter, but this action is unfortunately necessary to ensure the company’s success moving forward.
Given the nature of our distributed workforce and our desire to inform impacted individuals as quickly as possible, communications for this process will take place via email. By 9AM PST on Friday Nov. 4th, everyone will receive an individual email with the subject line: Your Role at Twitter. Please check your email, including your spam folder.
– If your employment is not impacted, you will receive a notification via your Twitter email.
– If your employment is impacted, you will receive a notification with next steps via your personal email.
– If you do not receive an email from twitter-hr@ by 5PM PST on Friday Nov. 4th, please email peoplequestions@twitter.com.
To help ensure the safety of each employee as well as Twitter systems and customer data, our offices will be temporarily closed and all badge access will be suspended. If you are in an office or on your way to an office, please return home.
We acknowledge this is an incredibly challenging experience to go through, whether or not you are impacted. Thank you for continuing to adhere to Twitter policies that prohibit you from discussing confidential company information on social media, with the press or elsewhere.
We are grateful for your contributions to Twitter and for your patience as we move through this process.
Thank you.
