One week after buying the social media giant Twitter for $44 billion, Elon Musk announced some 3,700 job cuts across its global operations, or around half its worldwide workforce, according to Bloomberg. Employees of the California-based group, who are not unionised, have precious few options. However, a class-action lawsuit has already been filed alleging violations of California state law because the 60-day notice period for mass layoffs was not respected.
The announcements were brutal. No sooner had the billionaire taken up his new post as chief executive of Twitter on 29 October than heads started to fall, starting with the previous CEO as well as the financial director and the chief lawyer, among others. A few days later, the managers had to draw up lists of employees, based on their performance. And on Friday morning, the verdict was in. “We recognize that this will impact a number of individuals who have made valuable contributions to...
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