Musk may fire 75% of Twitter’s workers

Tesla’s CEO believes the company is overstaffed and plans a drastic reshape Elon Musk may slash Twitter’s workforce by three-quarters if he becomes the owner of the social media company, The Washington Post reported on Thursday, citing interviews and documents it obtained. Headcount cuts in Twitter have been expected regardless of a sale of the company. Twitter’s current management has reportedly planned to pare the company’s payroll by about $800 million by the end of 2023, a number that would be equal to a cut of about 25% of the workforce. Musk’s intentions, however, are reportedly far more extreme than Twitter

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Last updated : 21 October 2022 clock 03:05 PM

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