Twitter, which was acquired last week by billionaire Elon Musk, plans to let go of a quarter of its workforce as part of what is expected to be a first round of layoffs, the Washington Post reported on Monday, citing a person familiar with the matter.
Celebrity lawyer Alex Spiro, a long-time Musk legal representative, led the conversations about the job cuts, according to the report.
Twitter had over 7,000 employees at the end of 2021, according to a regulatory filing and a quarter of the headcount amounts to nearly 2,000 employees.
Musk denied a New York Times report about laying off Twitter employees at a date earlier than Nov. 1 to avoid stock grants due on the day.
Twitter did not immediately respond to a Reuters request for comment.
Musk fired Twitter Chief Executive Parag Agrawal, Finance Chief Ned Segal and Legal Affairs and Policy Chief Vijaya Gadde on completion of a six-month $44 billion buyout saga of the social media platform on Thursday, sources told Reuters.
(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)
Featured Video Of The Day
Explained: Why Boeing Starliner Will Return Without Sunita Williams
"You Will Hate Overly Fried Dishes": Rent Ad For UK Apartment Leaves Internet Talking Elon Musk Is Now "Chief Troll Officer", Changes X Bio 'Diversity, Equity And Inclusion' Are "Propaganda Words": Elon Musk BJP Re-Releases List For J&K Polls With Only 15 Names For First Phase 7 Prison Officials Suspended Over VIP Treatment For Actor Darshan In Jail After 11-hour Search At Kolkata Doctor's House, CBI Seizes Documents What UK's 102-Year-Old Skydiver Said After Jumping From 7,000 Feet Ball Boy To "Hitting Partners": Vivek Ramaswamy Plays Tennis With Agassi Salma Hayek Made Her "White Hair" The Star Of Her Swimsuit Photo Track Latest News Live on NDTV.com and get news updates from India and around the world.