Twitter will inform its employees by email on Friday morning whether they will be laid off, according to a memo sent to staff, reported CNN.
The email, which was also accessed by Reuters, states, “In an effort to place Twitter on a healthy path, we will go through the difficult process of reducing our global workforce on Friday.”
This comes a week after billionaire Elon Musk took the reins of Twitter and affirms multiple reports that the microblogging platform’s new owner was planning mass layoffs in a bid to slash costs.
While the memo doesn’t detail how many employees will lose their jobs, Musk is expected to axe roughly half of Twitter’s roughly 7,500-person workforce.
According to the internal memo, employees will receive an email by 9 am (local time) on November 4 confirming whether they have been let go or not. It also states that all offices will be temporarily closed and employee badge access will be suspended.
This is being done in order “to help ensure the safety of each employee as well as Twitter systems and customer data.”
The notification of layoffs caps off a week of purges by Musk as he demanded deep cost cuts and imposed an aggressive new work ethic across the social media company.
The Tesla CEO had already cleared out the company’s senior ranks, firing its chief executive and top finance and legal executives. Others, including those sitting atop the company’s advertising, marketing and human resources divisions, departed throughout the past week.