Is Elon Musk rewriting the HR rulebook at Twitter?

A week after his $44-billion acquisition of Twitter, Elon Musk kicked-off mass layoffs at the social media giant on Friday. Sources told Business Standard that the majority of people at Twitter India have been laid-off. Employees from segments like policy, communication and engineering and development have been affected.

Media reports said Musk plans to cut around 3,700 jobs, or about half the Twitter workforce, in a bid to slash costs. Earlier, Musk had directed Twitter’s teams to find up to $1 billion in annual infrastructure cost savings by slashing funding for servers and cloud services.

In an email on Thursday night, Twitter told employees that they would be informed about their job status by Friday morning.