Elon Musk Addresses Reports He’ll Lay Off 75% Twitter Staff

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Honestly, not enough. Purge all those censorship Nazis.

Report: Elon Musk plans to fire 75 per cent of Twitter staff

Elon Musk won’t fire 75% of Twitter staff, company reassures employees

Twitter has confirmed it won’t lay off 75% of its staff, like Elon Musk reportedly said.

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By EuronewsL, Reuters • Updated: 21/10/2022 – 12:13

Elon Musk plans to lay off around 5,000 of Twitter’s 7,500 employees once he finally acquires the social media company, according to a bombshell report by The Washington Post.

But Twitter was quick to tell staff there were no such plans to fire most of its workforce.

Elon Musk’s 8 most explosive tweets of all time, from ending the war in Ukraine to nuking Mars

The Washington Post reported that layoffs at Twitter are bound to happen in the coming months, no matter who owns the platform, as the company wants to cut about $800 million (€820 million) off its payroll.

According to the newspaper, plans to cut jobs and costs at the company were already in place before Musk made his offer to buy Twitter.

In July, Twitter announced it had slowed the hiring process in the midst of a general economic downturn affecting the tech industry at large.

Elon Musk offers to honour Twitter deal in surprise U-turn ahead of trial

Reports by the Washington Post and Bloomberg say that Twitter’s current management intends to lay off some 25 per cent of employees by the end of next year, considerably less than what Musk has said he’d want.

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TDD
TD
1 year ago

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WAKE ME when Twitter is actually purchased.

Snowedin
Snowedin
1 year ago

the 75% are the Bots.

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Thanks for sharing!