Reports: Elon Musk to cut down 3,700 employees at Twitter

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Reports: Elon Musk to cut down 3,700 employees at Twitter
Reports: Elon Musk to cut down 3,700 employees at Twitter
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Reports: Elon Musk to cut down 3,700 employees at Twitter
Reports: Elon Musk to cut down 3,700 employees at Twitter

It is very well known that Tesla Motors chief Elon Musk acquired Twitter and recently completed the formalities. The acquisition happened for a whopping $44B. As soon as he was at the helm, Elon Musk has shown the exit doors for Indian-Origin CEO Parag Agrawal and Chief Financial Officer Ned Segal, and the company’s policy chief Vijaya Gadde, among others.

Not stopping at this, Elon Musk is going hard at the micro-blogging platform employees say the reports. It is said that Elon Musk is looking forward to firing down 3,700 employees at Twitter. Those who will come under the firing will receive their 2 months’ salary as compensation.

Elon Musk on the other hand is also looking to remove Twitter’s permanent EFH policy, adds the reports. It is known that Musk has decided to charge $8 for a blue tick account.