Musk to cut half of Twitter jobs and end remote work for the rest, report says

Elon Musk plans to eliminate half the jobs at Twitter and require remote employees to report to an office, Bloomberg reported.

"Elon Musk plans to eliminate about 3,700 jobs at Twitter, or half of the social media company's workforce," and "intends to reverse the company's existing work-from-anywhere policy, asking remaining employees to report to offices—though some exceptions could be made," the report said. Bloomberg cited people with knowledge of the matter. Musk reportedly aims to inform affected staffers of the layoffs on Friday.

After an earlier report that Musk told investors he plans to cut 75 percent of Twitter's workforce, Musk reportedly told staff that he wouldn't eliminate 75 percent of the jobs. But it was still clear there would be a significant amount of layoffs.