Musk plans to cut 75% of Twitter's workforce following takeover

Musk plans to cut 75% of Twitter's workforce following takeover

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Tesla CEO Elon Musk has told potential investors that he will cut roughly three-quarters of Twitter's workforce once he secures control of the company. 
The firm currently employs roughly 7,500 people. Documents the Washington Post obtained indicate that Musk plans to operate the platform with approximately 2,000 employees. Musk's purchase of Twitter could reportedly close as soon as next week.
Musk announced in late April that he had agreed to purchase Twitter for $44 billion. He ultimately withdrew his bid citing the prevalence of bot accounts on the platform, prompting Twitter to sue him to complete the deal. Amid a...
Source: https://justthenews.com/nation/technology/musk-plans-cut-75-twitters-workforce-following-takeover?utm_source=justthenews.com&utm_medium=feed&utm_campaign=external-news-aggregators