New York. The atmosphere in Twitter is no longer the same. Tesla and SpaceX owner Elon Musk has bought Twitter for $44 billion. Since this deal, Musk has been continuously sitting at Twitter’s headquarters and making decisions about changes in this company. One of these decisions is that of layoffs. Quoting sources, American media is giving information that there will be a massive layoff in Twitter. At present about 7500 people work here. Elon Musk intends to expel long-time employees and former management close friends from Twitter as soon as possible.
Sources told US media that Musk has ordered new Twitter managers to prepare a list of layoffs. These employees will be shown the way out early next month. It is learned that with the decision to fire the employees, they will be given Twitter shares as compensation. Let us tell you that in the past, Twitter employees wrote an open letter to Musk. In this letter, he had urged not to lay off. Musk had earlier hinted at layoffs. However, it was later said that no employee would be laid off.
Along with buying Twitter, Elon Musk immediately fired three top executives. Among them were CEO Parag Agarwal, the company’s chief law officer Vijaya Gadde and CFO Ned Segal. Elon Musk was already furious at Parag and Vijaya. Parag Aggarwal was also accused by Musk of giving false information about fake handles in Twitter. However, when information about Musk’s decision to buy Twitter first came to light, Parag and Allen had a much better relationship. The two also had dinner together several times. Parag even welcomed Musk’s arrival on the Twitter board. Later the relationship between the two deteriorated.