Earlier, The Verge reported that Musk had spoken to his advisers, including former PayPal chief David Sacks, and finalized a plan to lay off about 3,800 employees, while Bloomberg reported that 3,700 would be laid off.
According to Bloomberg, employees will be notified of the cuts on Friday as they will receive 60 days of severance pay. According to Bloomberg, Musk also plans to end a Twitter policy that allows employees to work from home “forever.”
This is consistent with text messages from another consultant, Jason Calacanis (discovered as part of a lawsuit filed by Musk trying to circumvent the Twitter purchase), suggesting to reduce remote work.
Source: Ferra
