Since Thursday afternoon, when Elon Musk closed his $44 billion acquisition of Twitter and dramatically fired four of its top executives, employees at the company have awaited a message from their new leaders to explain what might happen next. What’s changing, and what’s staying the same? Who will be laid off, and when?
Twitter braces for layoffs under Elon Musk
As of press time, though, no such message has been delivered to the company’s 7,500 or so employees. And with Musk reportedly intent on making cuts before Tuesday, when many employees are set to receive new stock grantsit appears that any such decisions will come down to the wire.
The process has been frightening and disorienting, according to conversations with eight employees today and over the weekend. In the absence of official communications, workers have been hunting for clues in Slack and gathering in private Discords to share the latest rumors.
“Planning is happening and is moving as quickly as possible but it’s not complete.”
In Slack, one employee shared a note they’d received from Leslie Berland, Twitter’s chief marketing officer. “It’s very destabilizing I know and the press swirl is making everything worse,” Berland wrote. “Planning is happening and is moving as quickly as possible but it’s not complete. Two things I wanted to make sure you all saw is that Elon has debunked that he was ever planning a 75% layoff and stated it’s false that he is or was trying to rush a layoff before a Nov. 1 vest. Neither of those