Twitter employees will find out later today, a week after Elon Musk’s acquisition, whether they will be fired.
The social network’s offices are temporarily closed and workers will find out their fate at 4pm UK time.
Those who lose their jobs will receive an email to their personal email address, while employees who remain will receive an email to their work account.
“In order to put Twitter on a healthy path, we will go through the difficult process of laying off our global workforce on Friday,” an internal memo said.
Twitter said its offices will be temporarily closed and all badge access will be suspended “to help ensure the security of every employee and Twitter’s systems and customer data.”
It comes after the company assured staff last month that it had no plans for large-scale layoffs after US media reported that Musk wanted to cut 75% of its 7,500 staff after completing $44bn (£38.4bn). ) take over.
However, the Washington Post report said layoffs were inevitable, claiming plans to cut Twitter’s payroll by around $800 million (£715 million) by the end of next year.
Other reports since then suggest that Musk has ordered Twitter’s team to save up to $1bn (£895m) a year in infrastructure costs.