Media: Elon Musk begins layoffs at Twitter

Elon Musk will begin laying off Twitter employees on November 4, according to a companywide email, culling the social media service’s 7,500-person workforce a little over a week after completing his blockbuster buyout, Report informs via The New York Times.

Twitter employees were notified in the email that the layoffs were set to begin, according to a copy of the message seen by The New York Times.

“In an effort to place Twitter on a healthy path, we will go through the difficult process of reducing our global workforce. 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,” the email said.

Musk completed his $44 billion purchase of Twitter on October 27 and immediately fired its chief executive and other top managers.

More executives have since resigned or were let go, while managers were asked to draw up lists of high- and low-performing employees, likely with an eye toward job cuts.