Twitter job cuts: what are digital layoffs and what do they mean for employees and companies?

Musk's plans to restructure Twitter began with laying off top executives, before notifications were emailed to around half of the Twitter global workforce that they were being made redundant or that their jobs were at risk. In a memo to staff, Musk defended the firings as "an effort to place Twitter on a healthy path" and "unfortunately necessary to ensure the company's success moving forward".

from Jobs-Economic Times