Report Elon Musk plans to cut 75% of Twitter workforce Elonmusk - Twitter HEAD TOPICS

Report Elon Musk plans to cut 75% of Twitter workforce

10/21/2022 7:52:00 AM

Elon Musk plans to lay off most of Twitter s workforce if and when he becomes owner of the social media company according to a report Thursday by The Washington Post

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KTVU

Elon Musk plans to lay off most of Twitter ’s workforce if and when he becomes owner of the social media company, according to a report Thursday by The Washington Post. ElonMusk Twitter Elon Musk plans to lay off most of Twitter ’s workforce if and when he becomes owner of the social media company, according to a report Thursday by The Washington Post. San Francisco-basedTwitterand a representative for Musk attorney Alex Spiro did not immediately respond to messages seeking comment.While job cuts have been expected regardless of the sale, the magnitude of Musk's planned cuts are far more extreme than anything Twitter had planned. Musk himself has alluded to the need to cull some of the company's staff in the past, but he hadn't given a specific number — at least not publicly. "A 75% headcount cut would indicate, at least out of the gates, stronger free cash flow and profitability, which would be attractive to investors looking to get in on the deal," said Wedbush analyst Dan Ives. "That said, you can’t cut your way to growth." Read more:
KTVU » Elon Musk reportedly plans to slash 75% of Twitter's workforce if he becomes owner Elon Musk Plans to Cut 75% of 7,500-Person Twitter Workforce, Report Says Elon Musk plans to lay off 75% of Twitter’s staff, report Digital Trends Report Elon Musk plans to cut 75% of Twitter workforce

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'Black Adam' stars Dwayne Johnson, Aldis Hodge, Pierce Brosnan, Noah Centineo, and Quintessa Swindell raise a super-powered toast to their new DC film. Read more >> If… I wonder how many Russian, Chinese or Saudi programmers he'll have to hire to pay off the loans he took? He is already overpaying 9X revenue. Good Prob not enough…. Always making friends. Elon Musk reportedly plans to slash 75% of Twitter's workforce if he becomes owner Elon Musk plans to lay off most of Twitter ’s workforce if and when he becomes owner of the social media company, according to a report Thursday by The... How many of them own Teslas 🤣🤣🤣😂😂😂 And then hire rational, sane, non censoring workers That would be the trolls Elon Musk Plans to Cut 75% of 7,500-Person Twitter Workforce, Report Says Elon Musk plans to lay off most of Twitter ’s workforce if and when he becomes owner of the social media company. Elon Musk plans to lay off 75% of Twitter’s staff, report Digital TrendsIf ElonMusk finally gets his hands on Twitter in the next week, a new report suggests he could lay off up to 75% of the workforce. Let's Go 👍🇧🇷 He'll also monetize all the favorite features. He didn't buy it to 'free' it, he bought it to make money. oh well, they can always learn to...oh wait, they already know how to code. heard mickey d's is hiring Report Elon Musk plans to cut 75% of Twitter workforce Elon Musk plans to lay off most of Twitter ’s workforce if and when he becomes owner of the social media company, according to a report Thursday by The Washington Post. Elon Musk Reportedly Plans To Gut Twitter Staff By 75%Drastic reductions would likely boost 'offensive' content like porn, falsehoods and hate-filled attacks as more posts go unsupervised. Report Elon Musk plans to cut 75% of Twitter workforce Elon Musk plans to lay off most of Twitter 's workforce if and when he becomes owner of the social media company. that he plans to cut nearly 75% of Twitter’s employee base of 7,500 workers, leaving the company with a skeleton crew, according to the report.SAN FRANCISCO — Elon Musk plans to lay off most of Twitter s workforce if and when he becomes owner of the social media company according to a report Thursday by The Washington Post plans to lay off most of Twitter’s workforce if and when he becomes owner of the social media company, according to a report Thursday by The Washington Post.If Elon Musk finally gets his hands on Twitter in the next week, he could lay off up to 75% of the company’s workforce. The newspaper cited documents and unnamed sources familiar with the deliberations. San Francisco-based Twitter and a representative for Musk attorney Alex Spiro did not immediately respond to messages seeking comment. The newspaper cited documents and unnamed sources familiar with the deliberations. While job cuts have been expected regardless of the sale, the magnitude of Musk's planned cuts are far more extreme than anything Twitter had planned. San Francisco-based Twitter and a representative for Musk attorney Alex Spiro did not immediately respond to messages seeking comment. Musk himself has alluded to the need to cull some of the company's staff in the past, but he hadn't given a specific number — at least not publicly.. "A 75% headcount cut would indicate, at least out of the gates, stronger free cash flow and profitability, which would be attractive to investors looking to get in on the deal," said Wedbush analyst Dan Ives.” In other words, losing so many workers could have a damaging impact on the quality of the service offered by Twitter. "That said, you can’t cut your way to growth. SAN FRANCISCO — Elon Musk plans to lay off most of Twitter s workforce if and when he becomes owner of the social media company according to a report Thursday by The Washington Post Stay informed about local news and weather." Ives added that such a drastic reduction in Twitter's workforce would likely set the company back years. SEE ALSO: Elon Musk offers to end legal fight, pay $44B to buy Twitter after all Already, experts, nonprofits and even Twitter's own staff have warned that pulling back investments on content moderation and data security could hurt Twitter and its users. The newspaper cited documents and unnamed sources familiar with the deliberations. With as drastic a reduction as Musk may be planning, the platform could quickly become overrun with harmful content and spam — the latter of which the Tesla CEO himself has said he'll address if he becomes owner of the company. After his initial $44 billion bid in April to buy Twitter, Musk backed out of the deal, contending Twitter misrepresented the number of fake "spam bot" accounts on its platform. While job cuts have been expected regardless of the sale, the magnitude of Musk’s planned cuts are far more extreme than anything Twitter had planned. According to its report, prior to Musk’s involvement, the company had been planning to reduce its workforce by 25%, equal to around 1,900 employees. Twitter sued, and a Delaware judge has to work out details. Otherwise, there will be a trial in November. “A 75% headcount cut would indicate, at least out of the gates, stronger free cash flow and profitability, which would be attractive to investors looking to get in on the deal,” said Wedbush analyst Dan Ives. DAILY NEWSLETTER All the news you need to know, every day By clicking Sign Up, I confirm that I have read and agree to the .