Report: Elon Musk set to fire roughly half of Twitter's workers

Elon Musk is set to cut about 3,700 jobs at Twitter, representing about half of the company's staff, according to Bloomberg News. 

The push to slash costs comes about a week after the Tesla CEO took control of the social media company following completion of his $44 billion purchase of Twitter. Musk immediately fired Twitter CEO Parag Agrawal, the company's chief financial officer and top lawyer, while other members of the company's leadership team have also left.

Twitter didn't immediately respond to a request for comment about the reported job cuts.