Elon Musk's Twitter lays off employees across the company

Key Facts

• Musk lashes out in interview as brands pause Twitter ads 01:41 - Source: CNN Business Top business news 16 videos Musk lashes out in interview as brands pause Twitter ads 01:41 Now playing - Source: CNN Business Hear the NAACP CEO's takeaways from his meeting with Elon Musk Ukrainian investigators look for cases of sexual violence committed by Russian soldiers 04:47 Now playing - Source: CNN The jobs market is strong, but showing 'significant cracks' 02:35 Now playing - Source: CNNBusiness Fed's Powell: 'Time for easing rate increases is coming' 02:26 Now playing - Source: CNN Business 'Shark Tank' star makes prediction about the economy 02:20 Now playing - Source: CNN Business 'Recession is pretty much a foregone conclusion:' Economist explains Hold on to the assets that you have: Larry Summers gives advice as recession looms 03:24 Now playing - Source: CNN These baristas are leading the union tsunami against Starbucks 04:34 Now playing - Source: CNN Business Thanksgiving is going to be pricey this year.
• See it in action 01:14 Now playing - Source: CNN Senior citizen on inflation: Everything is going up except our income 03:23 Now playing - Source: CNN CNN Business — Twitter on Friday laid off thousands of employees in departments across the company, in a severe round of cost cutting that could potentially upend how one of the world’s most influential platforms operates one week after it was acquired by billionaire Elon Musk.
• Numerous Twitter employees began posting on the platform Thursday night and Friday morning that they had already been locked out of their company email accounts ahead of the planned layoff notification.
• Simon Balmain, a former Twitter senior community manager who was laid off Friday, said in an interview with CNN that he lost access to Slack, email and other internal systems around 8 hours before receiving an email Friday morning officially notifying him that he’d been fired.

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