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#The Wall Street Journal: Elon Musk continues Twitter job cuts, laying off sales employees

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“The Wall Street Journal: Elon Musk continues Twitter job cuts, laying off sales employees”

Elon Musk extended his job-cutting at Twitter Inc., laying off some employees in sales after they had signed on to the billionaire’s vision for the social-media platform, people familiar with the matter said.

The exact scope of the latest cuts couldn’t be immediately learned. One employee said he found out early Monday that he had been laid off and was told in an email that his role was no longer necessary.

Last week, Twitter underwent another wave of departures to its already depleted workforce after many employees chose to take severance rather than commit to working “long hours at high intensity” to stay. At the time, Musk tweeted: “The best people are staying, so I’m not super worried.”

Twitter didn’t immediately respond to a request for comment about the latest layoffs. The company, which has posted a loss in eight of the past 10 fiscal years, has previously said staff reductions were necessary to “place Twitter on a healthy path.”

Musk cut the company’s staff roughly by half earlier this month and let go of many contractors, after he bought Twitter for $44 billion and took it private late last month. Twitter had roughly 7,500 employees at the beginning of this year.

An expanded version of this report appears on WSJ.com.

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