Twitter will notify employees by 9 am PT (12 pm EDT/1600 GMT) on Friday if they will be let off, Reuters reported, citing internal emails sent to Twitter staff on Thursday.

The email, obtained by Reuters, stated that “in an effort to place Twitter on a healthy path, we will go through the difficult process of reducing our global workforce on Friday.”

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In the email, Twitter stated that all credential access would be suspended and that its offices would be temporarily closed in order “to help ensure the safety of each employee as well as Twitter systems and customer data.”

Following his $44 billion acquisition, Elon Musk intends to cut around 3,700 workers at Twitter Inc., or half of the social media company’s workforce, in an effort to reduce costs, Bloomberg reported earlier, citing sources.

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According to the people cited by the Bloomberg report, who asked for anonymity to discuss private arrangements, Twitter’s new owner intends to inform impacted employees on Friday. The remaining staff will be asked to go to offices, and Musk also plans to alter the company’s current work-from-anywhere policy, though some exceptions may still be granted, according to the sources, the report added.

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The people added that the specifics of the workforce reduction might yet alter as Musk and a group of advisers considered several options for job cutbacks and other policy changes at San Francisco-based Twitter. Two of the persons stated that in one scenario, those who are laid off will be provided with 60 days’ worth of severance money.

One of the final pre-Musk C-suite employees to leave the firm after the layoffs were resolved was Twitter Chief Accounting Officer Robert Kaiden, according to sources with knowledge of the situation.