Source | economictimes.indiatimes.com | PTI
By Emma Sara Hughes: Elon Musk is progressing plans to slim down Twitter since he bought the 396 million-member platform for USD 44 billion (38 billion euros) on October 27.
Musk’s deal has taken Twitter private, dissolved the platform’s board and enhanced his unilateral power as CEO. But mass redundancy announcements made since he took control have been scrutinised globally.
Musk’s plans to restructure Twitter began with laying off top executives, before notifications were emailed to around half of the Twitter global workforce that they were being made redundant or that their jobs were at risk.