Elon Musk plans to fire 75% of Twitter employees after takeover

Elon Musk plans to fire 75% of Twitter

Elon Musk plans to fire 75% of Twitter ,According to a report from The Washington Post, Elon Musk told investors that he plans to get rid of 75% of Twitter’s 7,500 employees if he takes over the company.

According to a report in the Washington Post Thursday, based on documents and unnamed sources, billionaire Elon Musk has presented potential investors with the idea of ​​laying off 75% of Twitter’s workforce, or about 5,500 of its 7,500 employees. The report also said the San Francisco-based company plans to make big cuts anyway: $800 million by the end of 2023, including a quarter of the company’s workforce. Today, Elon Musk and Twitter are in the midst of negotiations once again to complete a $44 billion deal.

According to Twitter, workers will not be laid off!

After the report was published, Twitter quickly made it clear to employees that it did not expect any company-wide layoffs Since billionaire Elon Musk signed the takeover deal. Reportedly, Twitter’s general counsel, Sean Edget, emailed employees to tell them that the company had no plans to fire anyone at this time.

However, given Tesla and SpaceX’s HR practices, it’s easy to imagine that a billionaire would want to get rid of less productive workers and hire new ones. We also know that if Twitter is taken over, the billionaire is already planning to transform the social network.

In fact, Elon Musk would like to create his own “X” platform, which could revolutionize the sector. Thus it could be inspired by the Chinese WeChat, which offers very diverse functions such as sharing content, games or even its own payment methods. So we will have to wait for the negotiations between the American giant and the billionaire to conclude to learn more about the future of the social network and its employees.

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