The social media giant plans to cut about 3,700 employees soon after Elon Musk's $44 billion acquisition of the platform,reported on Thursday. This represents about half of Twitter's workforce as of late September.
After the cuts, Twitter plans to order its remaining employees to return to the office on a full-time basis, Axios reported, citing sources inside the company. Employees who need to relocate to be near a Twitter office will have as little as 60 days to do so, according to the media outlet. The move is significant, as Twitter was one of the first companies to implement policies which allowed employees to permanently work remotely, due to the pandemic.
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