Elon Musk will begin laying off Twitter employees on Friday morning, according to a memo sent to staff. The email sent Thursday evening notified employees that they will receive a notice by 12 pm ET Friday that informs them of their employment status.
“If your employment is not impacted, you will receive a notification via your Twitter email,” a copy of the email obtained by CNN said. “If your employment is impacted, you will receive a notification with next steps via your personal email.”
Twitter said its offices will be temporarily closed and all badge access will be suspended in order “to help ensure the safety of each employee as well as Twitter systems and customer data”.
That’s not why I asked
Binance invested 500m in Musk’s takeover without even talking about an exit plan or getting a seat in the boardroom.
They are instead hoping to work with Twitter in Web 3 and crypto in the near future.