Elon Musk to lay off half the staff at Twitter, trim workforce to 3,700

Various companies reportedly suspended advertising on Twitter following Musk's acquisition. Find out more at 🚀

The social media company has also decided to keep all offices close and suspended badge access in the interest of the safety of its employees, systems, and customer data, the letter added., the severance payable to the employees being fired still needs to be figured out and Californian law requires 60 days of notice to be given for major headcount reduction. We will need to wait and see if this snowballs into another issue.

With a smaller workforce for content moderation, hate speech and fake news are expected to blow up on the social media site in the coming weeks and advertisers do not want their brands to be listed alongside such content. Musk may be in full control of whom to retain and who not to at Twitter, but he doesn't yet hold all the strings to control the company.

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