This was reported by Ukrinform with reference to the New York Times.

The extent of the layoffs is not yet known. it is accepted that excitement It has approximately 7,500 employees.

The cuts will occur before November 1, when employees will receive grants in the form of shares as part of their income. Such grants, as a rule, make up a significant part of the wages of employees. Although the terms of the merger agreement require him to give his employees cash instead of stock, Musk can avoid paying those amounts by firing them before that date.

According to some sources, the discount will affect around 50 percent of staff.

As reported, Elon Musk on Thursday Twitter completes acquisition deal It’s worth $44 billion. and dismissed the company’s top managementincluding the chief executive officer and chief financial officer.