Tired of ads? Enjoy an ad-free experience by signing up.
Samreen Ahmad · · 1 min read

Twitter set for layoffs after Musk takeover

Twitter has started laying off staff a week after Elon Musk took over the microblogging giant.

“In an effort to place Twitter on a healthy path, we will go through the difficult process of reducing our global workforce on Friday,” the company said in an internal email to staff, which Tech in Asia reviewed.

Without quoting numbers, Twitter said in the email that the move will “impact a number of individuals.”

According to reports, the company could let go of as many as half it’s employees, which works out to nearly 3,700 staff.

The company will inform employees about their future at the company via emails by 9 a.m. Pacific Time on Friday.

To protect the safety of Twitter’s systems and customer data, its offices have been temporarily closed, it said.

“If you are in an office or on your way to an office, please return home,” read the email.

After acquiring Twitter in a US$44 billion deal, Musk had immediately fired several top executives, including CEO Parag Agrawal and CFO Ned Segal.

Editing by Miguel Cordon and Arpit Nayak

(And yes, we’re serious about ethics and transparency. More information here.)

Stay ahead in Asia’s tech landscape

You've reached your 2 free content limit for the month. Sign up for free to read the full story.

🏄 For casual readers / 👶 Free

Basic

US$0

Free forever

Get instant access to this article and more every month

0 premium content

Unlimited news briefs

5

5 articles

Ad-free reading experience

Just US$0 per day

⌛Sign up in 20s. No payment details needed.

📖 For learners / 👍 Starter

Lite

US$4.92/month

Billed annually at US$59/year

Get instant access to this article and more every month

4

4 premium content

Unlimited news briefs & articles

Ad-free reading experience

Just US$0.17 per day

Cancel anytime

Our subscriber community includes professionals from these companies:

Stay updated on the go with our mobile app.

Get latest insights with smoother, more personalized experience through TIA mobile app.

TIA Writer

Samreen Ahmad

I write on start-ups, tech and all things that impact them. Reach out to me at samreen@techinasia.com.