Removing employees before November 1 will allow the new owner of the platform to avoid paying their stakes
The sources did not give details of the size of the cuts. The company’s workforce currently employs about 7,500 people, but according to rumors, the divisions “will be affected the most.” Already on Thursday, October 27, shortly after the conclusion of44 billion deals In order to acquire the platform, Musk fired the CEO, CFO, and other top managers.
layoffs – Already dismissed are Chief Executive Officer Parag Agrawal, Chief Financial Officer Ned Segal, Chief Legal and Policy Vijaya Jade and General Counsel Sean Edget. At least one of them was escorted out of the company’s headquarters.