Elon Musk plans to slash Twitter Inc.’s workforce by 50% as soon as Friday, according to a new report.
Citing anonymous sources with knowledge of the matter, Bloomberg News reported late Wednesday that about 3,700 jobs could be eliminated, with affected workers being notified Friday. Also, Twitter’s work-from-anywhere policy would be rescinded, with most remaining employees required to work from the office. The report said Musk and a team of his advisers are still in the planning process, and the final number of layoffs could change.