Sources: Musk plans to lay off up to 30% of Twitter in some departments

10/30 16:01

Sources told Axios that after laying off most of Twitter's senior management team, Musk plans to cut up to 30% of staff in select divisions starting this weekend, including more than 15-30% in product. The layoffs are expected to take place by Nov. 1, when most employees' quarterly stock options are due on Nov. 1.
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