Musk is said to be firing half of Twitter’s employees.

Twitter’s beleaguered employees are preparing for bad news in light of multiple reports that the company’s new owner, Elon Musk, will fire half of its employees.This would deal a fresh blow to Twitter’s demoralized workforce.

After Musk disbanded the company’s board of directors, fired senior executives, and removed executives from the platform, Twitter has already been rocked.

Two media outlets have now reported that Elon Musk may half-cut the 7,500 employees.

According to reports, Musk told investors shortly before the deal closed that he planned to fire 75% of Twitter’s 7,500 employees, bringing the workforce down to just over 2,000, if the reports are correct.

On the other hand, when Musk went to Twitter’s headquarters on Wednesday of last week, he told employees that he won’t be firing 75% of them when he takes over.

Despite the fact that they are aware that job cuts are coming, that statement did little to reassure demoralized employees at the company.

The Washington Post then covered Monday of this current week that in a first round of cutbacks, Musk means to terminate roughly one fourth of Twitter’s representatives, bringing the all out number of impacted workers to almost 2,000.

According to people familiar with the situation, Musk intends to cut costs following his $44 billion acquisition of Twitter by cutting between 3,700 and 3,800 jobs at the social media company, or half of its workforce.

The individuals requested anonymity in order to discuss private plans and stated that Musk intends to notify employees on Friday.

Also, Musk wants to end the company’s work-from-anywhere policy, which was put in place in May 2020.

The people assert that, with a few exceptions, he will require the remaining employees to report to offices.

This decision was not made haphazardly.

For instance, Musk instructed Tesla employees to resign or return to office work in June of this year.

According to reports, Twitter employees who lose their jobs may receive severance pay for up to 60 days.

After just one week under Elon Musk’s control, advertisers are worried, and Twitter is changing quickly.

Despite opposition, Twitter Blue will now cost $8 per month, and the editing feature may be available to all users as soon as this week.

Rumors also suggest that Musk is still pressuring Twitter employees to redesign the subscription and verification systems within a week.

According to a report published on Tuesday, managers at Twitter were said to have instructed employees to work 12-hour shifts seven days a week in order to meet Musk’s stringent deadlines or risk losing their jobs.

In response to advertising concerns regarding Musk’s “free speech” approach to such decisions, reports claim that Musk has established a “content moderation council.”

According to reports, clients of Interpublic Group’s IPG Media Brands agencies have been instructed to halt all paid Twitter advertising for at least a week. IG is a major advertiser.As a result, major brands have reportedly been urged to stop investing in Twitter advertising.