FOX Business takes a look at the upcoming events that are likely to move financial markets in the coming days.
A class-action lawsuit has been filed against Elon Musk's Twitter claiming the layoffs violate a federal law requiring 60 days of advanced notice for employees.
A letter has been sent to Twitter's top 20 largest advertisers, urging them to cease advertising on the platform if Elon Musk rolls back its current content-moderation practices.
Elon Musk is reportedly scrapping Twitter's monthly, companywide day off established during the COVID-19 pandemic.
Stripe's cuts will reduce its headcount to a total of almost 7,000 people and impact multiple divisions. Recruiting will be heavily impacted as the financial services giant plans to hire fewer people next year.
Peloton CEO Barry McCarthy said that the fitness equipment giant's turnaround effort remains a "work in progress" but that the "ship is turning."
Xumo will bring its first branded devices to market in late 2023, distributed by Comcast, Charter and Walmart. Additional distributors will be announced at a later date.
Twitter's Chief Customer Officer Sarah Personette and Chief People and Diversity Officer Dalana Brand are among the latest departures after submitting their resignations on Friday.
Here is a FOX Business roundup of the top five changes the world's richest man has announced or already made in his first week as Twitter's new owner.