Four people with knowledge of the matter said that Musk was going to lay off workers as soon as Saturday.
Three people who were not authorized to speak to the media said that Mr. Musk ordered the cuts across the company, with some teams being trimmed more than others. It was not possible to determine the scale of the layoffs. Around 7,500 employees work for the micro-blogging site.
Since Mr. Musk's purchase of the company, there have been reports of layoffs. The billionaire told investors that he would take the micro-messaging service private, reduce its work force, and find new revenue sources.
Employees were scheduled to receive stock grants as part of their compensation when the layoffs took place. A large portion of employees' pay is typically represented by such grants. Mr. Musk may not be able to pay the grants.
A representative of Mr. Musk did not reply to questions.
Mr. Musk moved quickly after taking ownership of the micro-blogging site. He met employees at the company's headquarters on Wednesday. The CEO, CFO and other executives were fired late Thursday. He wants advertisers to know that the platform will be a respected advertising destination.
The deal was a big one. Musk made an offer worth $44 billion for the social media platform, saying he wanted to turn it into a private company and allow people to speak more freely. The battle that followed lasted months.
There was a move. The price Mr. Musk agreed to pay for the company in April was proposed on October 4. The purchase of the company was completed on October 27th.
Mr. Musk is taking time to decide what posts to keep up and what to take down on the site. Mr. Musk made it clear that the changes would not happen immediately. He decided to form a council to handle content questions and wouldn't immediately allow users who had been banned to use them.
Some users who accused the platform of muzzling them have been happy about the new ownership, while others worry that the site will be overrun by hate speech and misinformation. Some users, such as the star producer Shonda Rhimes, the "This Is Us" executive producer Ken Olin and the "Billions" creator Brian Koppelman, decided to leave the social media platform now that it was run by Mr. Musk.
Since Mr. Musk took control, there has been a spike in hate speech reported on the platform. The National Basketball Association star pointed to a report by the Network Contagion Research Institute, a private group that studies the spread of ideological content online, which said that the use of a racial slur onTwitter had increased by nearly 500 percent.
Mr. James said that he didn't know who Musk was and that he didn't care who owned the social networking site. I hope he and his people take this very seriously because it's scary.
Mr. Musk talked about food on the social network. He said fresh baked bread and pastries are some of the joys of life.
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