Following a week of uncertainty on the company’s future under new owner Elon Musk, Twitter will inform employees through email on Friday about whether they have been laid off, temporarily closing its headquarters, and restricting staff access.
The social network company informed its workforce through email that it would notify workers by 9 a.m. announcing employee reductions on Friday at noon PDT (1600 GMT).
“In an effort to place Twitter on a healthy path, we will go through the difficult process of reducing our global workforce on Friday,” said the email, seen by Reuters.
To “help safeguard the safety of each employee as well as Twitter systems and customer data,” Twitter stated its offices will be temporarily closed and all credential access will be suspended.
Twitter employees who are not affected by the layoffs will be informed via their company email accounts, according to the social media platform.
The memo stated that employees who have been let go will receive information on the following steps to their personal email addresses.
The announcement of layoffs brings to an end a week of purges by Musk during which he sought significant cost reductions and imposed a combative new work ethic throughout the social media giant.
He had previously fired the CEO and the top financial and legal officials from the corporation, reorganising the senior ranks. Over the course of the previous week, several executives left, including those in charge of the company’s marketing, advertising, and human resources departments.
The long-anticipated layoffs have cooled Twitter’s renownedly open corporate culture, which is admired by its staff.
Hundreds of users flocked to the company’s Slack channels to say farewell shortly after the email arrived in Twitter employees’ inboxes, two employees told Reuters. The sources claimed that Musk was invited to join the channel.
“If you are in an office or on your way to an office, please return home,” Twitter said in the email on Thursday.
According to two persons familiar with the situation and an internal Slack message examined by Reuters, Musk has also instructed Twitter Inc.’s teams to find up to $1 billion in annual infrastructure cost savings.