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Follow us on FacebookElon Musk reportedly wants to lay off most of Twitter's employees
@ 2022/10/21Twitter is gearing up for layoffs no matter whether Elon Musk purchases the company, which could happen as soon as this Friday, according to a report from The Washington Post.
On one hand, Musk has told prospective investors that he plans to axe 75 percent of the Twitter's 7,500-member staff upon completion of the deal, a move that would likely cripple the site's operations and kneecap its ability to moderate content and ensure users' security. On the other hand, internal documents obtained by The Post reveal that, prior to the Musk deal, current company leadership planned to "pare the company's payroll" by around $800 million, a relatively modest 25 percent reduction in the workforce that would only see around 1,900 people left unemployed, along with "major" infrastructure cuts and data center closures.
On one hand, Musk has told prospective investors that he plans to axe 75 percent of the Twitter's 7,500-member staff upon completion of the deal, a move that would likely cripple the site's operations and kneecap its ability to moderate content and ensure users' security. On the other hand, internal documents obtained by The Post reveal that, prior to the Musk deal, current company leadership planned to "pare the company's payroll" by around $800 million, a relatively modest 25 percent reduction in the workforce that would only see around 1,900 people left unemployed, along with "major" infrastructure cuts and data center closures.
