Elon Musk Begins Layoffs at Twitter

Elon Musk will begin laying off employees at Twitter on Friday, according to a companywide email Thursday evening, as the tech billionaire tries to reduce costs after purchasing the influential social network.  

"In an effort to place Twitter on a healthy path, we will go through the difficult process of reducing our global work force," the unsigned email said, according to the New York Times and Washington Post. "We recognize that this will impact a number of individuals who have made valuable contributions to Twitter, but this action is unfortunately necessary to ensure the company's success moving forward."

All Twitter employees will learn of their employment status at the company by 9 a.m. PT Friday, through an email with the subject line "Your Role at Twitter,"  the notice said.

Twitter currently has roughly 7,500 workers, but it wasn't immediately clear how many would be affected by the layoffs. The company has 238 million daily users on its platform who can see ads.