- Elon Musk's Twitter takeover is in full swing after buying the company for $44 billion.
- He plans to slash the social media platform's workforce by up to 50%.
Elon Musk's takeover of Twitter is in full swing as he implements his plan to overhaul the company.
US-based employees have been told layoffs will be announced later on Friday, and UK staff have not escaped either.
This is the notice sent to those employees based in Britain who are set to lose their jobs. (An email address has been obscured to maintain privacy):
Hello,
As shared earlier today, Twitter is conducting a workforce reduction to help improve the health of the company. These decisions are never easy and it is with regret that we write to inform you that your role at Twitter has been identified as potentially impacted or at risk of redundancy.
Next steps will depend on which country you live in and we will share more information with you as soon as possible.
To protect Twitter confidential information and user data, we have suspended your access to our systems. However, for the avoidance of doubt, this suspension does not mean your employment has been terminated. Please continue to comply with all company policies, including the Employee Playbook and Code of Conduct.
It is vital that we have your current personal contact information so that we are able to consult with you. Please email xxxxxxx with any questions or if you need to update us regarding your personal information.
Thank you.