Musk plans sacking of 4,000 workers to place Twitter ‘on healthy path’

World’s richest man, Elon Musk, is set to reduce the Twitter’s workforce of 8,000 by as much lay off about half.

The tech mogul, who acquired the company in late October, has been effecting massive changes in the administration of the platform since he took over.

BBC reports that an internal email said the cuts were designed to put Twitter on a “healthy path” as the platform struggles to make a profit.

All staff are set to receive an email with the subject “Your Role at Twitter.”

Earlier, in an email sent to Twitter employees on Thursday evening, New York Times also reports that layoffs would begin immediately.

The mail read in part, “In an effort to place Twitter on a healthy path, we will go through the difficult process of reducing our global work force.

“We recognise that this will impact a number of individuals who have made valuable contributions to Twitter, but this action is unfortunately necessary to ensure the company’s success moving forward.”

Bloomberg also reported on Thursday that coupled with firing half of its staff members, Musk was also planning to reverse the company’s existing work-from-anywhere policy.

Musk had earlier fired major executives in the company, including former CEO, Parag Agrawal; the Chief Financial Officer, Ned Segal; Chief legal officer, Vijaya Gadde; and general counsel, Sean Edgett.

A class action lawsuit has already been filed against the company over the mass job cuts and the amount of notice given.

Tesla and SpaceX owner Musk bought the social media platform in a $44bn (£39.3bn) deal last week after a protracted process.

He removed the entire board and is now the sole executive.