A story in the New York Times alleged the cuts would take place before 1 November, when employees were scheduled to receive stock grants as part of their severance pay.
, according to Reuters, Musk fired Twitter chief executive Parag Agrawal, chief financial officer Ned Segal and legal affairs and policy chiefHe had accused them of misleading him, and Twitter investors, over the number of fake accounts on the platform.
According to firm Equilar, the executives stood to receive separation payouts totalling around $122m . And then at the weekend, Musk was said to have ordered further job cuts across the company, with some teams to be trimmed more than others. Those cuts, said the NY Times, would take place before 1 November, when employees were scheduled to receive stock grants as part of their severance pay.
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