Elon Musk Said to be Preparing to Eliminate Half of Twitter’s Workforce to Drive Down Costs
Elon Musk plans to eliminate about 3,700 jobs at Twitter, or half of the social media company's workforce, in a bid to drive down costs following his $44 billion (roughly Rs. 3.6 lakh crore) acquisition, according to people with knowledge of the matter. Twitter's new owner aims to inform affected staffers Friday, said the people, who requested anonymity discussing non-public plans. Musk also intends to reverse the company's existing work-from-anywhere policy, asking remaining employees to report to offices — though some…