Elon Musk has wrapped up Twitter layoffs and has no plans to move the San Fransico headquarters, it has been revealed. 

During an all-hands meeting at Twitter’s headquarters on Monday, November 21, Musk shared some good news with the firm’s remaining workforce after weeks of job cuts and chaos.

This is Musk’s second such meeting since last week when he informed employees that the social media giant’s insolvency was a possibility. 

READ MORE: ELON MUSK’S NEXT MOVE COULD BE FIRING TWITTER SALES STAFF

During the meeting, Musk spoke of his “extremely hardcore” work expectations. 

But the new Twitter boss also said no further firings are “planned.” 

For the first time since his $44 billion takeover, Musk indicated the company’s rounds of layoffs are done since taking charge at the end of October.

READ MORE: TWITTER SHUTS DOWN OFFICES AS ELON MUSK’S NEW DEMANDS SPARK MASS RESIGNATIONS

Prior to Musk’s takeover, Twitter had around 7,500 employees. 

A source with knowledge of the company’s operations said the number is now reduced to 2,300 after a major layoff and a mass resignation. 

Another source said the official headcount may continue to fluctuate as resignations are processed internally. 

READ MORE: ELON MUSK SAYS TWITTER STAFF NEED TO BE “EXTREMELY HARDCORE” AS HE ORDERS “LONG HOURS AT HIGH INTENSITY”

One staff member who survived the cuts said Musk’s words provided “some relief.” 

Most people worked through the weekend to meet Musk’s demands.

Musk also said Twitter may even resume hiring now.

READ MORE: ELON MUSK FIRED TWITTER ENGINEERS WHO CRITICIZED HIM IN TWEETS

A person who attended said Musk mentioned at the discussion that he is trying to bring in more engineers.

Staff cuts and resignations have had a huge impact on Twitter’s engineering ranks.

A current employee estimates nearly 50 percent of engineering roles are removed.

Musk made an urgent request for “anyone” remaining at Twitter who can write software to meet with him. 

READ MORE: TWITTER FIRES THOUSANDS OF CONTRACT WORKERS WITHOUT WARNING AFTER ELON MUSK TAKEOVER

Engineers who are still working for the firm are reaching out to employees who were fired or resigned. 

A source said they are asked if they want to return back since some teams are understaffed. 

During the meeting, Musk also said that he “does not intend” to relocate Twitter’s headquarters from San Francisco to Texas.

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Since Musk’s other firms, like Tesla and SpaceX, have shifted operations there. 

Twitter staff were also told stock grants will be included in their future pay plans under Musk. 

They will be provided and paid out in the same way as they are with SpaceX workers. 

Although the corporation is private, workers can sell stock grants through private tender offers.

Source: Insider

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