The action comes as the new Twitter CEO was speculated to cut as much as 50% of the workforce

Elon Musk will begin mass layoffs at Twitter on Friday, sharply reducing the social media platform’s workforce, the company said in an email to staff on Thursday.

“In an effort to place Twitter on a healthy path, we will go through the difficult process of reducing our global workforce on Friday,” said the email, seen by Reuters. The New York Times and Washington Post both reported on the layoffs and cited the internal email.

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