Musk has raised lenders on board and board salaries, but according to sources familiar with the matter, the exact cost cuts are not clear. One source said Musk would not make decisions about job cuts until he accepted Twitter’s rights.
Agarwal responded by saying that Twitter has always cared about its employees and will continue to do so.
However, according to reports, one area where Musk may make job cuts is the company’s policy department.
Hundreds of thousands of users have already quit the platform in protest while questions are growing over whether Mr Musk will allow banned people – such as Donald Trump – back online.