New Twitter CEO Elon Musk will reportedly eliminate half of the company’s workforce at the end of this week as he tries to make the company profitable.

Bloomberg News reported that Musk is cutting 3,700 of the company’s 7,500 employees and that employees will be notified of their dismissal on Friday.

Musk is also reportedly canceling a work-from-anywhere policy and is going to force employees to come into the office to work.

The news comes after initial reports suggested that Musk could cut up to 75% of the company’s workforce, though subsequent reports suggested that the number could be as low as 25%.

The details regarding the dismissal of the employees were not immediately clear, although the report said that Musk was considering paying them up to two months of severance pay.