According to internal communications shared with CNBC, a large number of contract workers were terminated this weekend after they lost access to their work systems.
According to Platformer, 4,400 contract workers were cut. CNBC doesn't know the total number.
India was one of the places where some of the contract workers were based. Full-time employees, who were not authorized to speak on behalf of the company, said that they had no notice before contractors they were working with were let go.
Employees say that the internal communications team has been dismissed. The company's media outlets are now filling the role of internal communications.
Half of the employees at the social media platform were laid off after the acquisition of the company by Musk.
A request for comment was not responded to by Musk.
Jack Dorsey apologized last week for growing the company too quickly, a day after the company laid off workers. In order to get Musk to take over his company in a controversial leveraged buy out, Dorsey rolled his own shares into the new holding company.
According to documents filed with the Securities and Exchange Commission, there were approximately 2,000 employees at the time of the public offering. The company reported at the end of last year that it had grown to over 7,000 employees.
There is no choice when the company is losing over four million dollars a day. Everyone who left was offered three months of employment, which is 50% more than the law requires.
Since taking over, Musk has told remaining employees that he sold billions of dollars worth of shares in his electric vehicle business in order to saveTwitter. It is not clear if Musk will keep selling shares to pay down debt.
He told employees that the social media business is not out of the question despite the economic downturn and as advertisers have stopped spending on the platform.
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