Elon Musk Begins Twitter Reorganization The Daily Financial Trends

Elon Musk appeared to have begun firing Twitter employees, as sources said a number of people who appeared to have worked for the social media giant could be seen exiting the San Francisco offices with boxes of their belongings. However people familiar with the matter said that internal employee communications using slack channels were claiming that the people seen leaving with boxes were part of a hoax, and that so far, no employee layoffs have occured.

Bloomberg news service reported it had tried to verify if any employees were laid off and identify specific names of any released employees, however it was unable to.

It is confirmed that Elon Musk began laying off executives immediately after the acquisition deal completed on Thursday. The Chief Executive Officer, Chief Financial Officer, and Head of Legal Policy were all released from the company as Musk shook up the upper leadership, according to sources familiar with the matter.

It is reported that there is an employee meeting scheduled for next Wednesday, however sources said some staff are concerned that they have not received an invitation to the meeting.

There have been no official comments on the matter from Twitter.

The Daily Financial Trends

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Stuart Turley is President and CEO of Sandstone Group, a top energy data, and finance consultancy working with companies all throughout the energy value chain. Sandstone helps both small and large-cap energy companies to develop customized applications and manage data workflows/integration throughout the entire business. With experience implementing enterprise networks, supercomputers, and cellular tower solutions, Sandstone has become a trusted source and advisor.   He is also the Executive Publisher of www.energynewsbeat.com, the best source for 24/7 energy news coverage, and is the Co-Host of the energy news video and Podcast Energy News Beat. Energy should be used to elevate humanity out of poverty. Let's use all forms of energy with the least impact on the environment while being sustainable without printing money. Stu is also a co-host on the 3 Podcasters Walk into A Bar podcast with David Blackmon, and Rey Trevino. Stuart is guided by over 30 years of business management experience, having successfully built and help sell multiple small and medium businesses while consulting for numerous Fortune 500 companies. He holds a B.A in Business Administration from Oklahoma State and an MBA from Oklahoma City University.