Irish staff await news as Musk plans to eliminate half of Twitter jobs

500 Irish staff await news following CEO's recent takeover

Musk is under pressure to find ways to slash costs of a business for which he says he overpaid.

Elon Musk plans to eliminate about 3,700 jobs at Twitter or half of the social media company’s workforce, in a bid to drive down costs following his $44bn (€45.2bn) acquisition, according to people with knowledge of the matter.

Twitter’s new owner aims to inform affected staffers on Friday, said the people, who requested anonymity as they are discussing non-public plans. Musk also intends to reverse the company’s existing work-from-anywhere policy, asking remaining employees to report to offices - though some exceptions could be made.