Elon Musk has begun trimming Twitter’s operating costs by cutting security and cleaning staff, a move that includes layoffs in those departments. The reporting indicates that the changes are part of a broader cost-reduction effort at the company. At the same time, some employees have started bringing personal supplies, including toilet paper, to work, a sign of the belt-tightening affecting daily operations. — according to the New York Times
At the San Francisco headquarters, Musk reportedly reorganized staff on two floors while letting go of workers on four other floors. The layoffs extended to janitorial staff, with reports that those who requested wage increases were among the affected employees. — as cited by the New York Times
The same coverage notes that not only cleaners but also around 10 security guards in New York saw reductions in force. The sources suggest that Musk may close or repurpose the local Twitter office, following a similar move announced previously for the Seattle site. — according to the New York Times
The report also describes a shift in how the company handles contracted labor, with contracts under closer scrutiny and payments to contractors potentially being deferred more frequently. This tightening reflects ongoing reassessments of operating expenses and a focus on preserving cash flow. — per the New York Times
Earlier discussions around Twitter’s financial status mentioned the possibility of bankruptcy filing. While some observers warned the company could lose control, the prevailing narrative emphasizes a strategic effort to reduce debt and stabilize the company’s balance sheet. — from New York Times coverage