Elon Musk plans to lay off half of Twitter’s workforce and stop working from home to cut costs following his tumultuous $44bn (£38bn) takeover.

Twitter

Elon Musk has broken his silence on Twitter employees. After seven days without hearing from their new boss, Twitter workers received an email from the company on Thursday confirming there would be layoffs on Friday.

Mr Musk, who has referred to himself as “Chief Twit” on his Twitter profile said Laid-off workers will be offered 60 days’ worth of severance pay in one scenario

Why is Elon Musk laying off twitter employees?

Musk has said Twitter's  workforce was too large and placed too much emphasis on content  moderation, platform safety, product development and marketing. But in buying out Twitter's shareholders, Musk paid $44 billion for a company that lost $221 million last fiscal year

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